To: jebj who wrote (2700 ) 6/14/1999 4:14:00 PM From: Pierre Respond to of 3216
RE: broker held conditional orders - how to place? Mon, 14 Jun 1999 If you are a CyBerT or CyBerTrader customer, you will have full capability to place NYSE orders directly from your work station. If you are a CyBerX customer, you can still place NYSE conditional orders, however, they will be limited to "day" orders. We are happy to say that with future releases of CyBerX, we will be expanding NYSE order routing capabilities. Trader Support CyBerCorp, Inc. Looks like CyberT software handles gtc conditional orders, but CyberX does not. Since I use CyberX, I can't confirm CyberT capability. Still no gtc conditional orders on NASDAQ, near as I can tell. I've heard others express the opinion that there are no gtc conditional orders available with NASDAQ stocks period, but I seem to have no problem setting them with Datek. Maybe somebody with more knowledge of order routing can chime in here. FWIW, I spent Saturday at the Pristine boot camp in San Francisco. Given my level of expertise, I found it immensely helpful. Oliver Velez is a pure chartist, and he explains his basic plays and then elaborates on what other factors enhance or detract from that play. Examples (charts) are taken from past 12 months and include Pristine calls. Most important part was why the call was made - this was a real hands on how to do it course. He suggested a universe of charts to follow, showed how to create a daily watch list, showed exactly at what point to initiate a position in a watched stock, how to calculate exit point, and how to set trailing stops. Less time was spent on actual day trading technique, but what was covered was fascinating and useable. I used a suggested method to profitably short 2 net stocks after 1:00 pm eastern today for a quick turn. I used Datek, however - still getting used to CyberX. The seminar was scheduled to end at 6:00 pm. but went to 7:30. Had a working lunch of sorts - a little too much time spent listening to reps of other products (Executioner etc.), but on balance a well spent 1000 dollars. Pierre