SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (57839)12/19/2001 10:58:30 PM
From: Robert O  Respond to of 70976
 
I usually have to keep clicking refresh over and over again and then maybe in 10 seconds I see fill if it filled. On INTC it can be faster than that. I was referring to the case in which I use stop limit orders and price goes by my price and then I wait and wait hitting refresh thinking maybe it's just taking longer than usual 10 seconds. Well, in the 20-30 seconds it takes to realize no fill is coming and then putting in say a market order, like you say Amat may be on a flurry, you have lost perhaps 50 cents. ouch.

There is no question in my mind that a lot of the sudden price movement seen daily is due to surges that blow out stops and limits only to return to 'normalcy' later. Anyone have a good book rec. that goes in for a dirty conspiracy theory ? Love to read it ;-)

RO

Ps I have noticed the specific case of round numbers triggering lots of fills. Also may be that round numbers tend to be used as TA support and resistence numbers not to mention analyst target numbers. In any event notice I had used an off number for my stop just to 'fight the power' if ever so slightly.