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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (2972)9/6/1999 2:16:00 PM
From: scanshift  Read Replies (1) | Respond to of 18137
 
Alan
I hope you have enjoyed some great daytrading this summer. July had some tight ranges, but during August we finally got some volatility back. The average (mean) intraday range (based on the prior 30 sessions) for the Dow is back up to 157 points from 129 points in late July. The median range for the Dow is back up to 156 from 116 in late July. Interestingly, we had a couple back to back Dow high pins (my simple definition for a Dow high pin is where the Dow close is also the intraday high print of the day) on August 16, 17 and also August 20, 23. We have now had 10 Dow high pins for the year, and only 1 Dow low pin.

Anyway, what has been your average time in seconds on a Cyber X market order fill? What have been your experiences regarding the average slippage you are referring to "in well above or below the bid/ask". Is it an 1/8, 1/4 , 3/8th ?

Also, can you elaborate on your last sentence, a far cry from your "RT111 and ARCA days" by private message.

Thanks,
Fane
a.k.a. SCANSHIFT
www.scanshift.com