Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER! -- Ignore unavailable to you. Want to Upgrade?

To: Carl van Rooyen who wrote (1282)	5/11/1999 7:25:00 PM
From: AlienTech	Respond to of 2045

You are right about that Carl. I used to just sell at market when I used Datek, But I cant do that with UT. In fact on a fast moving stock trying to sell 2000 shares is impossible. I think UT needs a way to sell at market automatically using the best available method. The only advantage I have seen with UT is using selectnet to buy/sell like 5000 shares when the MM is only showing 100. Not sure what the Nasdaq button is for, most of the time it expires and the price moves and it gets cancelled and during fast moving stocks, selectnet gets ignored, especially if you broadcast it, other wise you better feel lucky that the mm you preference is still there. The crossed market is the stupidest thing I have come across. If datek itself process limits at the ask/bid then UT should be made to do it as well. You aint trying to short the stock here.

To: Carl van Rooyen who wrote (1282)	5/11/1999 8:39:00 PM
From: tom pope	Read Replies (1) \| Respond to of 2045

>>My experience before Watley: enter ISLD market order and wait << I didn't know ISLD accepted market orders. This is interesting. With whom were you dealing "before Watley"? TIA