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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (3752)	4/19/1998 1:06:00 PM
From: Alf	Read Replies (3) \| Respond to of 12617

This question has absolutly nothing to do with the stock market, but since everyone here uses a browser to get to this site I thought I would try here. The prob. My computer screen for the most part apears as if it it being torn in half when I go to some sites and the only thing I can do is kill the power. After restarting I get this msg. The size of the C:\users\alf\cache\fat.db file is being misreported. some programs might be unable to find the entire file.or there might be invalid data tward the end of the file. Other times I get the same msg. only C:\users\alf\netscape.hst file If anyone has any ideas how to fix this prob. I would love to hear from you ! ( other than switch 2 Microsoft browser ) Thanks Tim alf@bluemoon.net

To: peter michaelson who wrote (3752)	4/19/1998 11:29:00 PM
From: Sword	Read Replies (1) \| Respond to of 12617

Pete: I agree with funk. In addition to his points, listed stocks aren't as clear in the screens. There is no personality to the Level II screens, for example. Cybertrader claims to know something about how to trade there with their system. I will likely try to attend their class sometime soon to see what their edge is. But with the tools at hand, I feel more comfortable with the Nasdaq market. Pardon me for butting in on his other question, funk. In regard to the edge on buying in on the bid -- It works when the majority of prints are coming in at the bid price. This is when there is still a seller out there or a MM that doesn't back away once they are filled. You can see this action on the stock ticker as it scrolls by on the MB Trading Level 2 screen. The drawback is that you might be buying on a continuing price decline. If you get a feel for the action, you can sometimes tell that the market is slowing. The print may still be red but the rate is dropping. Getting in at the bid when this happens is gravy because you're poised for a rebound. -Sword

To: peter michaelson who wrote (3752)	4/20/1998 9:09:00 PM
From: steve goldman	Read Replies (1) \| Respond to of 12617

At our firm, I might consider setting up SOES to buy your 1000 spyg at 10 1/4, trying to protect your order, while bidding on the bid with other mm or routing to an ECN to get stock at 10 1/8. Watching the prints and seeing action, and having experience to understand the action, lets you know your chances. If the stock strengthens, hit the button, own it at 10 1/4. If stock starts falling, pull the bid and look for 10 1/16. On the NYSE, its even easier, just simply make sure your order is routed to NYSE and if a nice seller comes in you'll increase chances of getting printed on the bid. Most firms nondiscriminatorily route to third market makers and they fill you, almost automatically on the offer and if its printing on the bid ,k they take that and they keep the spread. Very few firms still do what we do. Regards, Steve@yamner.com yamner.com