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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Carl Worth who wrote (50116)	12/17/2003 1:35:43 PM
From: BWAC	Read Replies (2) \| Respond to of 53068

ADBE, NTES, KLAC, NVLS today. Its not the fill that bothers me, its the blatant undercutting even when the order starts out 40 cents off the market. Then the subsequent move to be stopped in its tracks at my price. It is seriously as if my shares are being used by MADF to sell, betting they can hold the price or clip a few pennies to the downside, before they have to fill me. Their less one penny appearance than a price I basically pull out of thin air the exact next second my order is submitted is what irks me. I've even been testing it on stuff I don't plan to sell/buy. Put an order in, wham there they are, less/plus one penny. Cancel. They remove their bid/ask. Move to next test stock. Same fricking scenario. Immediately. As if they have some computer program in place to do it on all orders received from this particular broker.