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To: straddler who wrote (35112)1/15/1999 6:43:00 PM
From: Chris Cooper  Respond to of 164684
 
Not to change the subject too much, but lets talk about me. First post on this or any other thread, although you can tell from the lingo that I've been peeking in on you cats for awhile. (My favorite term you use is "take it home...".)
"LONG BOND SCOOB"--long because that's what I am netstockwise, "bond" because I sell (predominantly) bonds retail, "Scoob" because they say I walk like Scooby Doo and my real name didnt fit in the slot.
My first inquiry to you charismatic and somewhat cliquey(sp?) group of investors is this: Was there ever a time when you were all talking up long positions? Because I've only been eavsedropping for about 3 weeks now and I'd say the shorts outnumber the longs 3 to 1. Longs, it seems to this outside observer, are beaten back like your neighbors horny beagle on this site. And I just wonder whether I've arrived at a time of short rule, or whether daytraders (which I am assuming, maybe mistakenly, that most of you are...) are really just more into shorting. To add to that thought I may add that if you are really just more into that side, that you've all eaten a bunch of crow over the past many months and are particularly hostilelong right now?!!
Maybe I'm long and wrong about that...but I'm not long and wrong with my 100 day old long positions.(NOt bragging...just saying...)



To: straddler who wrote (35112)1/15/1999 8:13:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

I contacted E*Trade, and they told me that they would investigate, and that in their
opinion, the market maker would have to fill the expired market order.


I will still look for a source.

Glenn



To: straddler who wrote (35112)1/16/1999 3:41:00 AM
From: Jay k.  Respond to of 164684
 
I contacted E*Trade, and they told me that they would investigate, and that in their
opinion, the market maker would have to fill the expired market order.

So it look like your right about their obligation to fill some minimum of a market
order, although E*Trade couldn't tell me just what that minimum amount was.


E*Trade sucks, but then I think most brokerage sucks.
they have to honor 10 contracts or less for market orders.
I got a call once from my brokerage about a mess that was caused by
the trader in the firm and They had the gall to tell me I should know
better since I've been trading for 1+ year. Maybe they should hire
people who know what the hell they are doing.
Its pathetic when they can't tell you what the rules are.

B/regards