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PureBytes Links
Trading Reference Links
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No, I do not. However, I check each evening with http:\\www.bloomberg.com
and each morning with cbs.marketwatch.com. At the cbs site, access the
link: headlines. This will take you to most of the headlines of the day.
This starts at 7.30 am. I am not certain, but I believe Reuters own the
Instinet network. Try doing a search from Alta Vista.
Al Taglavore
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> From: Barry Robbins <brobbins@xxxxxxxxxxxx>
> To: Al Taglavore <altag@xxxxxxxxxxxx>
> Cc: diamond@xxxxxxxxxxxx; MetaStock-list <metastock-list@xxxxxxxxxxxxx>
> Subject: Re: After Market Closes Trading
> Date: Wednesday, February 04, 1998 12:54 PM
>
> Do you know of a resource to see the after-market instinet trades that
have taken place?
>
> At 12:54 PM 2/4/98 -0600, Al Taglavore wrote:
> >Nothing shady. Stocks trade aftermarket on Instinet, which is a
privately
> >operated computer only trading entity. Just like if I wanted to sell
you
> >some stock at an offer price and you accepted it. Bonds, currencies,
and
> >the S&P trade on Globex almost 24 hours a day. Most all major world
> >exchanges have after hour trading. As to your friends stop order. A
stop
> >order becomes a market order when the security trades at or thru the
stop
> >price. Therefore, when the market opened gap down, your friends order
was
> >treated as a market order and filled at the price prevalent at the time.
> >This can happen any time a security opens gap down from the previous
> >regular session market close. If your friend did not choose to sell at
the
> >market open, (CNBC had widely announced the earnings disappointment) he
> >could have cancelled the stop BEFORE the market opened. I have been
there
> >several times. Treat it as tuition.
> >
> >Al Taglavore
> >
> >----------
> >> From: diamond <diamond@xxxxxxxxxxxx>
> >> To: MetaStock-list <metastock-list@xxxxxxxxxxxxx>
> >> Subject: After Market Closes Trading
> >> Date: Wednesday, February 04, 1998 9:47 AM
> >>
> >> A friend of mine bought 2000 shares of IOM at $12.25. He put in a stop
> >> loss. Because of a 2 cent dividend loss, the stock dropped to about
$8.00
> >> in one day and he lost about $8000. The thing I don't understand, is
that
> >> it was traded after hours. My friends stop-loss was useless.
> >>
> >> Can someone verity this? Can stocks be traded after wall street has
> >closed
> >> for the day? Is the stop-loss only good during market open hours?
> >>
> >> I can't seem to find anyone in my area who knows about after hours
> >> trading.* I thought all trading stopped after the market closed. It
does
> >> seem a bit shady if it is true. It gives someone somewhere a big
> >advantage.
> >>
> >> Regards
> >> Zane Koir
> >> Abilene, Texas
> >> *
> >>
> >
> >
> >
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