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


To: TFF who wrote (6160)1/8/1999 8:36:00 AM
From: funk  Read Replies (1) | Respond to of 12617
 
Muriel Siebert please let me introduce you to Marge Schotz, Leona Helmsley, and Marie Antoinette

''You can't let these people go wild,'' she adds.

bwahahaha "these people" !!!

Am i about to be discriminated against?

oh thats right, us little guys always have been.

funk



To: TFF who wrote (6160)1/8/1999 8:54:00 AM
From: WaveSeeker  Read Replies (1) | Respond to of 12617
 
I had an interesting pre-market trade yesterday and would like to hear people's opinions on the matter. Yesterday morning, around 8:30 am, I saw a COOL offer on Instinet way below the close thinking that maybe they had terrible earnings. The offer was for 2000 shares at 13 3/16 with the next highest offer being 26 1/2. I immediately bought the 2000 shares thinking that whenever a stock gaps down like this, there's usually a morning bounce.

Around 9:25 am, I received a call from my trading firm that the trade had been broken. No doubt, I could have probably sold the shares on the opening because the bid remained around 26 until the opening; however, the rep explained to me that the NASD would have broken the trade because I could have turned around and sold the shares for an immediate large profit.

However, I have come to believe that pre- and post-market trades are like the wild West because of the dramatically fluctuating prices. Was it legal to break this trade?

Would love to hear your opinions on the subject...

Thanks.



To: TFF who wrote (6160)1/9/1999 10:05:00 AM
From: Morpher  Read Replies (3) | Respond to of 12617
 
NASD Committee to Meet to Discuss Nasdaq Volatility

...
Pasternak said he'll propose that Nasdaq trading in a stock be halted when large order imbalances exist in ''fast markets,''
...

bloomberg.com



To: TFF who wrote (6160)1/9/1999 9:13:00 PM
From: Mark Davis  Respond to of 12617
 
Shocking.

I'm on record here:
Message 5961250
and in many other postings going back some time, saying essentially the same things about our beloved online casinos. I traded, and will trade again, but the perverse goings on among online gamblers is no good for anyone.

Y'all are calling way too much attention to yourselves and will possibly pay a hefty price (ie. some of the game goes away). Too many loony birds spoil the party.

SOES traders were one called 'professional front runners' by a certain anti-SOES personality on CNBC. That was a high compliment by comparison to what he must be saying now. That is , if he hasn't has an embolism.

PS Houtkin knows full well what he's about. So do the rest.