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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?


To: William W. Dwyer, Jr. who wrote (2250)3/31/1999 12:34:00 PM
From: DRRISK  Read Replies (2) | Respond to of 3216
 
Bill,
My point to JD was exactly as you say. It is clear by this "Subscriber" booking to the Island book that JD can now be happy too with Cyber. Practically speaking the strategy of exiting a position in this manner in a fast mkt is one I have never thought about but I prefer Selectnet because it does not kick in the 5 minute issue and have never found a MM who refuses a 1/8 down offer. In fact when they take it and the market drops out I always feel better that they own the stk now. LOL. The proliferation of ECN's, however, does make the possibility of this "subscriber strategy" more interesting in terms of future trading strategies. This is worth pondering a little.

So JD does have a point (I think) no matter how he makes it.

DrRisk