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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: rocklobster who wrote (27672)	1/15/2002 3:01:09 PM
From: TREND1	Read Replies (1) \| Respond to of 52237

rock It is called front running. A president's dad use to do it back in the 1920's Nothing new. Hint: What moves very fast in one direction, almost always come back. Larry Dudash

To: rocklobster who wrote (27672)	1/15/2002 3:09:01 PM
From: Louis V. Lambrecht	Respond to of 52237

rok - what happened to you could be explained two ways: 1- Your broker uses a synthetic or simulated Globex stop order. 2- Your broker routes the non-Globex orders to the open outcry. Open outcry and Globex do not have the same order qualifiers. As far as Globex is concerned, they have received valid orders from the brokers as the Globex system rejects all invalid orders.

To: rocklobster who wrote (27672)	1/15/2002 3:09:41 PM
From: Michael Watkins	Respond to of 52237

> Globex says all trades stand...bunch of bs in my opinion since the high in the futures pit was supposedly 1639..I just can't understand how something like this can happen... < yes, but Globex is globex and the pit is the pit. Someone on Globex had something to sell you and you had a valid bid in on Globex, so bam! its done. Sux big time, I know. I guess if you must have a stop to cover order in near the daily high, it may be wise to put a limit on it. You most likely would not have been filled, but it may have given you time to evaluate the situation. Although with the market shooting up its hard to know how one might react...