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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Madpinto who wrote (1220)	1/15/1999 4:04:00 PM
From: ----------	Read Replies (1) \| Respond to of 2241

Michael: I questioned the "You Are Out". The firm sent me the copy their wire machine prints, as well as time stamps on when the order was entered and when it was cancelled. It had assigned an order number to my original order & referenced it when giving me the "you are out". I was sitting at a real time quote machine and watched the option price bid/ask change no less than 6 times without a single trade occuring. In fairness, it could be the volatility of the market had flooded the floor with orders & my order was still winding its' way through the crowd to the specialist. I'll never know for sure, but I AM definitely hanging onto my copy of the "U R OUT" on my market order. It may become a collectors item. <g> Best Regards, Doug