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Non-Tech : Fight The Power! -Your Broker Just Screwed U - Now What? -- Ignore unavailable to you. Want to Upgrade?


To: WhipsawMcGraw who wrote (97)12/8/1998 11:19:00 AM
From: Jim S  Read Replies (1) | Respond to of 323
 
Gosh, whip. I can't recall having ever "emailed" you. Perhaps you are confusing these posts with email? Now, if you don't want people posting to you, you shouldn't be posting yourself, should you? If you don't want any replies to your posts, you'd best find another forum to express your views where they can't be challenged.

Your lack of logic and accuracy on "email" and "replies to posts" seems to be spilling over to the topic under discussion. I'll go real slow for you, so concentrate, and I'll try to make it simple enough for you to understand. When someone places a limit order, they are specifying the price they are willing to trade at. With a market order, the Market Maker makes the trade at whatever price he can get away with, irrespective of the trader's intent. When limit orders are ignored, it is because the MM can make more elsewhere. Similarly, when market orders are delayed, it is because the MM wants to skim more off the trade.

If you work for a broker/MM as I suspect, you already know this. If not, your posts indicate a true lack of knowledge about the workings of the market.

So, once again, are you dishonest, or are you just really ignorant of the market?

jim