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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (11092)	8/9/2002 6:44:24 PM
From: mishedlo	Read Replies (1) \| Respond to of 16631

Dave the funny thing is that I was better off the way it happened. I would have teken profit at the open but they closed the options for 10 minutes. ELX kept tanking. Then when the bid/ask was posted it was 7.5/8.0 and I tried to sell at 7.5 7.4 7.2 7.1 and could not get a fill even though the bid stayed at 7.5! They turned off auto electronic execution of options on ELX and FORCED them all hand by hand to the specialist. What kind of BS is this? Never seen this HS before. I sound pissed and I am (because it was out of my control) but actually I did better because of the wait even though I could not get out at the bid when it did appear. What a scam! 2.20 to 7.10 (not bad, and I am laughing now). M