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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Eric P who wrote (7259)	5/17/1999 12:36:00 AM
From: dave carroll	Read Replies (1) of 12617

For what it's worth, my biggest percentage loss ever came off of a NYSE trade. In the end I believe it was entirely my fault, as I was in a trade I had no business being in, but it amazed me how quickly the quote could drop about four points on a thirty dollar stock. I had placed a buy via superdot, it took about 1/2 minute for a fill, and as soon as I got confirmation the bottom fell out of the stock. I guess I was the extreme example of how a specialist "can and will" adjust a quote multiple levels immediately. Just my 2 cents..

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