Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: LzzrdKing who wrote (2464)	10/28/1997 6:25:00 PM
From: Robet Butkus	Read Replies (3) \| Respond to of 7396

A few trades.. Bought EGLS at 17 3/4...still have BNO flipped for 2+ PTIS bought at 8 5/8...8 7/8. LTXX bought at 5 1/4.. IIVI bought at 22 3/8 Follow through tomorrow is important.

To: LzzrdKing who wrote (2464)	10/28/1997 9:24:00 PM
From: Gary Youree	Read Replies (1) \| Respond to of 7396

I had hair puller too. Trading with ameritrade and DLJ Direct. I placed about 12 orders the night before with ameritrade on 10 stocks. I figured when it got busy it would be easier to cancel/replace and buy those rather than get sidelined on any others. Would have worked great .. but the way ameritrade saw it was if all my orders filled I would be over drawn on my IRA. So they just cancelled some...No phone call or e-mail) None showed cancelled at the open but when I went to confirm a fill on 1K EGHT at 11 and WPIC at 9 1/2 they had been cancelled. When I saw that I was not going to fill on caws at 1 1/4 (I did get 900) I tried to cancle /replace to 5/16 and it locked up. Went to the Zarus (direct line) and placed 10K caws at 1 5/16 , dmmc at 12, and mask at 14. Then the Zauras quit connecting. The phones were off the hook at ameritrade. When I finally got the site back up a checked my confirmations I found they had all been placed (and would have filled) and then promtly cancelled. Had trouble with DLJ too. placed an order to buy seek at 7 1/4. Didnt look like it would fill so I cancled/replaced with at 3/8. It wouldnt let me because the couldnt clear the cancel of 1/4. The cancel didnt clear until after the bell so that money was tied up all day. * Thinking of getting that AB Watley (or waterhouse?) account that costs and extra 17.00 bucks a day + 25 a trade. The 17 dollars supposedly gives you a direct internet connection to them. .. Would have made a 20K differance today. I did fill from my previously set orders on CVUS at 7 1/4 and 7 3/8. Sold all of it at 8 1/4 and 3/8. Also filled on LARS at 9 and sold at 10 1/2. Bought twice as much back at 10 1/8 as soon as the dow looked to stay above its 200 dma. Flipped ZE for 1/4. CAWS for 22% (the 900 I filled at 1 1/4). Would have made a killing today if I hadnt been so cramped by Ameritrade and PCFN server problems. Its just not worth it. If I could count on the direct line with AB or someone else I will pay it. Holding Lars overnight. Rest in cash. Wonder what they will use to get us to test the lows again?