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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (91375)	2/7/2008 10:37:31 PM
From: stockfiend	Read Replies (1) \| Respond to of 110194

I looked up the time and sales for you. The first Amex trade for SKF on 2/6/08 was at 9:42:42 for 44,200 shares @ 107.02. That print probably represents the execution of all market and marketable limit orders pending at the open. Prior to the Amex open I see a bunch of trades on the Pacific, Cincinnati, Third-Market, and ADF exchanges.

To: Gib Bogle who wrote (91375)	2/7/2008 10:43:52 PM
From: Paul Kern	Read Replies (1) \| Respond to of 110194

This makes it hard to believe that the AMEX open was delayed 13 min because of the spread. The specialist may have a bunch of other stocks and ETFs to open. If you direct your pre market limit order for extended and regular hours,it will be hit whether or not the specialist has opened that particular issue if there are shares at your limit price.

To: Gib Bogle who wrote (91375)	2/8/2008 12:53:03 AM
From: lifeisgood	Respond to of 110194

FWIW, Ameritrade people are usually quite reasonable. First, ask for a manager or supervisor so you won't have to explain your problem 4 times. Then propose a solution that you think is fair (e.g., 100 free trades or whatever). If you ask for free trades, they will usually agree to that. They will usually not give you cash rebates unless there was an error in the specialist's handling of the trade. Ameritrade can take you through the time/sales that occurred and can actually pinpoint exactly when/where your trade occurred and what the bid/ask was at the time. good luck... LIG