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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: PETE DARRUDA who wrote (21357)1/6/1999 2:15:00 PM
From: Joe Hoek  Read Replies (2) | Respond to of 120523
 
DBCC...another blah day for these guys...

Yeah. I got out at 18 this morning, but didn't know it until this afternoon - took over two hours for the MM to report the sale back to my broker

Same thing happened last week when I "bought" OSFT - placed an order at 5 1/4, changed it to 6 then 7 and finally cancelled it. a few hours later I happen to look and see that I got it at 5 1/4 and could have sold a 7 1/2, but only got 5 3/4 for it at the time. It went below 2 the following days and if I hadn't stumbled on the execution I'd be down over 50% right now.

My broker (Waterhouse) insists it's not their problem, but the MM reporting back late. I'm worried to try to do any momentum plays and not being able to know if I really bought or sold anything until it may be too late. Think I'll look into AB Watley

Has anyone else had problems like this?

Thanks