Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: E. Davies who wrote (4577)	10/3/1999 6:57:00 AM
From: Matthew L. Jones	Respond to of 18137

My experience with DTN and BMI (satellite systems) are that they suck! Their data is no more reliable, plus you have the added hassle of another box to interpret their data and feed it to your computer. My satellite systems would often lag as well. I finally have just about decided to adjust my trading style to one where the nano-seconds don't matter. I'm more comfortable trading the longer swings in stocks. I'll leave the scalping to the younger, more risk tolerant, and faster. Matt

To: E. Davies who wrote (4577)	10/4/1999 9:28:00 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 18137

Eric, Matt From the technical folks at Track Data (myTrack), confirmed as plausible based on observation of quote/price discrepancies during early market minutes, the problem is that the pipe from NASDAQ gets overloaded so all data distributers suffer this lag. I have been told that NASDAQ has separate sources for quotes and prints that get multiplexed with quotes having priority. Consequently, it is not uncommon for prints to be lagging quotes by several seconds, even minutes in some cases during heavy market activity. I have often watched intraday charts evolving to trace out a delayed path consistent with the quotes I was observing at an earlier time. I suppose it was all those brave "market order" folks getting filled. Dan