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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (43491)5/19/1998 9:58:00 AM
From: Patrick Slevin  Respond to of 58727
 
I thought it was an interesting observation...although I am not certain WHY it's an interesting observation.

He sent (I think it's a "he", I'm not good with what appears to be Middle Eastern names) a follow-up post....which will require a lot of head-scratching, I can see up front.
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On another issue, I learned this morning that many trading systems now include a "kill" switch. With the press of one key at a trading desk an entire, pre-specified, portfolio of positions can be immediately sold at market.

I guess that ties in a bit with those guys telling me that it will be almost impossible to sell the market if it breaks. How could I compete with thousands of traders all hitting kill keys at roughly the same time.Almost like a new phase of program selling.