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Hi Jim,
When you buy at the open, do you place an order overnight and how often
do you get a reasonable price? I have always bought/sold at a specific
price until recently when I placed an overnight order to sell short at
the market open price. The stock did go down, based on the difference
between the recorded opening and closing prices but my order was filled
at a full 1.5 points (5% of the price) below the opening price. I use
Datek and have always trusted them, but is this acceptable slippage?
Has anybody else had this experience?
Darryl
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