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To: Bull RidaH who wrote (1142)11/18/1999 1:10:00 AM
From: Gersh Avery  Respond to of 11513
 
Nice to see you back ..

For my report I assumed the most unfavorable answer and will adjust if you smile down on me.

I await your judgement..

Gersh



To: Bull RidaH who wrote (1142)11/18/1999 1:19:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 11513
 
Let me clairify ..

There are two questions

The first is what happins when the market blows past the limit before the SI time bar hits.

The second is what happins when a replacement limit order is posted and the order being replaced triggers before the SI time stamp.

In the second question the example that I posted to you had the first limit trigger within the bar that the replacement was posted for. Which limit was in effect then? In other words does the replacement limit take effect the first tick of the bar? I would guess that it does. (which would work against me here)