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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (1516)	10/22/1998 3:22:00 AM
From: wily	Read Replies (2) \| Respond to of 7382

>>If I wanted to offer under the bid, I'd go ISLD for what would probably be an instantaneous full fill Rick, that's how this whole discussion started: going under the bid with ISLD crosses the market, and on most systems, it is not allowed (immediate delete). My guess is that if you actually do this in practice, then you probably trade through Datek? wily

To: Rick Faurot who wrote (1516)	10/22/1998 9:15:00 AM
From: Michael Turner	Read Replies (1) \| Respond to of 7382

Hi Rick, Good eye...good eye... My mistake. If you SNET offered above the bid you would be in terrible shape in a fast moving market. I meant to say that a 34 1/16 SNET broadcast would solve the problem. In a market where the bottom drops out of the stock that you are long, don't be afraid to give up an eighth or more to ensure an exit... ...any experienced trader can tell you that trying to get out at the market when looking into the abyss can be a gut-wrenching and annoying process. Cheers, Michael Turner Author DayTrading into the Millennium tradersresource.com