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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (7215)2/15/2000 8:50:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 10027
 
>>>people know the bb area is where nite cleans up. thanks for the education and i know i also learned the hard to avoid market orders when possible.

My small local broker uses NITE for many of my orders

I use 90% market orders ... and have been filled (about) 1 out 5 times better than then the ask ...

This morning I bot NITE and placed a market order at ask 32 ...
was filled at 31 15/16 ... I am sure the ask was dropping at the time ... but this happens occasionally ...

anyways ... had I placed a limit at 32 ... I would have been filled at 32

The financial stocks are turning now ...

have traded NITE numerous times in the past

have sell target of about 42 - 45 short term position trade