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

To: E. Davies who wrote (8238)	5/5/2000 9:38:00 AM
From: Dustin	Respond to of 18137

I just spoke to a cyber rep about this 5 minute rule. This is what I was told. Jim: IF your original order was for 1000 shares, and 500 execute, the next orders must be placed for the next 500. The system will know that you are trying to complete the original order within 5 minutes. So, according to Jim, they give you a break if you got a partial fill and have to re-enter at a different price to complete the order. The funny thing is that in yesterdays trade roster I show two purchases of JDSU within 5 minutes of eachother (no partial fills) and I only got charged for the first order.