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Non-Tech : Datek Brokerage $9.95 a trade

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To: The Vet who wrote (11348)3/30/1999 10:19:00 AM
From: smith  Read Replies (2) of 16892
 
Vet,

Thanks for the educational post. Two stupid questions here hope to get answered:

>>What I most often do is place a limit order which is just 1/32 or 1/16 outside the marketable price and therefore I get it on to Island immediately.

What's 'outside' mean? lower than ask or higher than bid if you want to buy?

>>Once my order has been displayed to the world on Island those "outside" MMs no longer have a chance to play with it. They still may trade around you, but at least then you can see it happening.

How you can see it? Using some software or telling by its pattern?

Many thanks!
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