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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (16992)1/13/1999 2:18:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 18691
 
I couldn't get into E*Trade this morning either. I had limit orders that went off placed a few days ago. Really just plain dumb luck on my part.

I usually have limit orders since the fiasco I went though last fall when I couldn't access my account.




To: Roger A. Babb who wrote (16992)1/13/1999 2:58:00 PM
From: Timoteo  Read Replies (1) | Respond to of 18691
 
Roger-ironically Discover's screw up on an execution made me money, since they never bought my E-bay yesterday. I covered this morning, but it took about 7 minutes even to get a trade confirmation. I had a problem with them on a ZAP order this summer where they verified a cancel, only to find out later I had made the trade. That time it costs me money. I don't think they're any better or worse than most of the E-brokers. The moral of the story is the individual investor is at a distinct disadvantage when it comes to taking advantage of this volatility.

FWIW I jjust reshorted AMZN @ 157 1/2 and expect a late day selloff in the internets.

Best,
Timoteo