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

To: Kimberly Lee who wrote (4574)	10/3/1999 7:18:00 AM
From: Eric P	Read Replies (2) \| Respond to of 18137

Kimberly: Welcome to the thread and thanks for contributing! If I don't have RediPlus or other faster execution systems and I really want to buy INTC as quickly as possible at this hypothetical juncture, assuming the market is fast, I would use ARCA for 4600 shares with limit of 80 while simultaneously take out the 400 shares at 1/16 at REDI thru SNET preference. Since REDI was the only (hypothetical) quote listed at 80 1/16, another way to accomplish this same goal using ARCA would be to place a single 5000 buy ARCA order at a price of 80 1/16. This would do exactly what you are looking for, while generating only one ticket and being faster than having to type in two orders. Thanks again, -Eric