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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (11127)	2/26/1999 10:43:00 AM
From: RealMuLan	Read Replies (1) \| Respond to of 16892

<<You can short SPY on a downtick on Datek - I've done it.>> Today, I even shorted AMTD at a downtick (limit order). Unfortunately, it was my mistake. I actually intended to buy long. As soon as I hit the "enter order" button, I realized the mistake, so I stopped the browser. But one second later, I got the confirmation. Even though this was my mistake, this still smelled fishy. Because that was almost a day low price. So my conclusion is that for Datek, if somebody is stupid enough (or unintentionally make a mistake), to short a stock at a day low price it will be executed even if it is downtick.