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Strategies & Market Trends : SOES Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (1132)11/13/1997 9:51:00 PM
From: Hawk  Respond to of 1618
 
Irby

If its 77 and its starts tanking, the bid is going
to be there for a spilt second. And as the
other bid gets lowered, they just fly by.
Yes if you put your SOES order in to sell
at the market say at 76.5 you might not
get hit until 75.5 or lower. When its tanking
(or going up, like today) the bid/ask can change
quite fast, and like today in both directions.

Marc


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