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Satish,
<BR>The point is the limit order. Yes games can get played, but also there
can be a flurry of buying and selling outside the bid & ask that your
market order can get filled at. Use the limit order, it will protect you.
If you want a trade that bad and it is moving give up a 1/16 on your limit.
But use it.
<P>Harley
<BR>
<BR>
<P>Satish Gupta wrote:
<BLOCKQUOTE TYPE=CITE> <FONT COLOR="#000000"><FONT SIZE=-1>What does
this list think of equity orders placed on broker's web-sites? I use Brown
& Co. and was a satisfied customer in the beginning. But lately, I
have been quite disappointed. I placed market orders (buy and sell)
and kept an eye on real-time quote. But the execution report came back
as much as 3/4 of a point against me.</FONT></FONT> <FONT COLOR="#000000"><FONT SIZE=-1>Do
I have a reason to be concerned? Can there be manipulation or foul-play
involved? I am sure some of you will suggest to only place limit orders.
But that misses the point. If there is, in fact, a problem with web-orders,
some of the limit orders may not be executed when a conventional order
placed through a broker may.</FONT></FONT> <FONT COLOR="#000000"><FONT SIZE=-1>Web
orders are certainly convenient. Having only one phone line, I don't have
to disconnect my internet connection, call the broker and possibly be on
hold until the broker answers.</FONT></FONT> <FONT SIZE=-1>I am looking
for general feeling of this group on this subject.</FONT></BLOCKQUOTE>
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</x-html>From ???@??? Tue Sep 15 06:44:16 1998
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Date: Mon, 14 Sep 1998 22:13:24 -0700 (PDT)
From: CMA <cma6@xxxxxxxxx>
Subject: Excel converstion of data for MSPRO
To: metastock@xxxxxxxxxxxxx
Cc: bgiroux@xxxxxxxxxxx
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Bruce Giroux mentioned that he could use Excel to convert downloaded
EOD data to a form which Downloader could use to update files. This
sounds like the Holy Grail which we have been talking about for
months, but which no one has been able to do, including Equis Tech
Support. I have asked them a number of times how to get web data into
MSPRO with no answers.
Bruce, could you share with us the web site you use and the Excel
macro that does the trick?
(Dreyfus Brokerage Services used to and may still have good EOD
data).
Thanks, CMA
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