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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (9412)	4/24/2010 12:01:39 AM
From: Patrick Slevin	Respond to of 20435

It isn't that complex these days... Well perhaps if you deal with a live broker it may be. During Earnings season I trade to fade a lot. For example I was Long AXP Calls and when they reported I sold short against the calls in the after/pre market to protect the option position. The platform "knew" I was Shorting AXP and entered the order in that fashion. -------------- Just an observation. I completely understand that real flesh and blood brokers have to make a living. I was a retail broker for a couple of years in the early 1990s. My opinion is that a live broker today for a person like you, myself, or anyone on this thread is superfluous. You make the decision, you press a button and the trade is made. --------- Anyway, end of rant. I think Sr K read your post incorrectly and what you were saying was that your trade was similar, and your observation blended with your actual order. No more, no less.