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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (12117)1/28/1998 1:47:00 PM
From: Scrapps  Respond to of 22053
 
Well Moony program trading gets me no matter what and most people don't notice it unless they're slapped upside the head. So the breakers mean only a momentary disruption.

Stop loss orders function as intended, sorry you don't accept that.

"deemed "value"." So who is doing the deeming, OR should I say who's the deemer?

"4) The chaos present before breakers only meant that traders
and investors alike did not know the status of their buy/sell
orders as brokers struggled to keep up."


Now very good Moony, you've I.D.ed one of the real problems, but your cure is a bit arcane. the only difference is the increased volume and the brokerages say they can handle it once they've beefed things up and switch from the human screaming to the computer humming. <G>

"The breakers were instituted to alleviate
intolerable conditions of exaggerated price movement and only
serve to avoid some panic conditions by "the little guy"."


The little guy was the one who got screwed! That was Jim Rodgers point. I know I did.

In your last sentence strike the Maybe and you've got it. IMO