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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: snerd who wrote (12233)	4/5/1999 10:59:00 PM
From: bluejeans	Read Replies (1) \| Respond to of 56537

I'd be hollering at my screen Could you test out the funphone for us?<G> funphone.com

To: snerd who wrote (12233)	4/5/1999 11:26:00 PM
From: SteveDavis	Respond to of 56537

What I try to do is watch the Level II and when it gets close to my execution point I will enter an order 1 or 2 price levels away from the present bid/ask. As you que up in the order line you can see the "too and fro" of the MMs and with 1 or 2 rotations I am executed in most cases. I don't think any one route is perfect so I just figure ARCA is probably ok day in and day out. I had a limit order to buy at 11/16 and got filled at 5/8 on ARCA last week. I rarely use a market order. Steve Davis