[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Sell order placement help



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Ron :</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>How late did you 
notice&nbsp;this : if it was after market (10:57)</EM></STRONG></FONT></DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>this is often done by the market 
maker i think :&nbsp; just to let you</EM></STRONG></FONT></DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>know that&nbsp; the market 
stopped for that quote&nbsp; that day.</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>I noticed this many times (also 
in the early morning next day)</EM></STRONG></FONT></DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Do not let it mislead and 
frighten you by this (strange ?) practice</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Wait in the early morning always 
when you see this until normal</EM></STRONG></FONT></DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>quote changes take 
place.</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Theo.</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>----- Original Message ----- </FONT>
<DIV><FONT face=Arial size=2>From: Daniel Martinez &lt;<A 
href="mailto:DanM@xxxxxxxxxx";>DanM@xxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>To: &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: March 08, 2000 8:47 AM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: Re: Sell order placement 
help</FONT></DIV></DIV>
<DIV><BR></DIV><FONT face=Arial size=2>&gt; Ron,<BR>&gt; Sure, send me one 
ticker.&nbsp; I'll take a look at it.<BR>&gt; <BR>&gt; Daniel.<BR>&gt; <BR>&gt; 
<BR>&gt; <BR>&gt; Ron Warshawsky wrote:<BR>&gt; <BR>&gt; &gt; 
Daniel,&nbsp;&nbsp; I can send you the stock's ticker, so you can check<BR>&gt; 
&gt; it. Looks like NASDAQ does not heard about SEC reform. I have a<BR>&gt; 
&gt; wide list of such a stocks right in front of me. Thanks for<BR>&gt; &gt; 
answering ----- Original Message -----<BR>&gt; &gt;<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; From: Daniel Martinez<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To: <A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A><BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sent: Tuesday, March 07, 2000 10:57 
PM<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subject: Re: Sell order placement 
help<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Are you sure your data is 
correct?&nbsp; The spread here<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; is 1 
3/4.&nbsp; That's quite high.&nbsp; In 1997, before the<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; market makers were forced to reform by the 
SEC, such<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; spreads were common.&nbsp; 
Now it's fairly unusual.<BR>&gt; &gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
You sell/buy by the bid/ask price.&nbsp; The quoted<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; price/high/low of the day is sort of an 
average of<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the bid/ask price.<BR>&gt; 
&gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Daniel.<BR>&gt; &gt;<BR>&gt; 
&gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ron Warshawsky wrote:<BR>&gt; 
&gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; Symbol&nbsp; Bid 
Ask&nbsp;&nbsp;&nbsp;&nbsp; Last&nbsp;&nbsp;&nbsp; Change&nbsp; High<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; 
Low&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Volume<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; STOCK 10&nbsp; 11 3/4 11 1/4 -1 13/16 13 
11/32&nbsp; 10<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; 15/16&nbsp; 
361,700<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt;<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; Dear list participants,<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt;<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; 
&gt;&nbsp; As you can see, above stock has bid price (10),<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; which is lower than the low<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; price of the day (10 15/16). Can you please 
advice<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; me, what stock order 
must<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; be used in order to sell this 
stock if price will<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; drop to 10 13/16 
or lower,<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; but not at 10 (what market 
sell order will do).<BR>&gt; &gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt;<BR>&gt; 
&gt;&nbsp;&nbsp;&nbsp;&nbsp; &gt; Regards and thanks a lot in advance.<BR>&gt; 
&gt;<BR>&gt; <BR>&gt; </FONT></BODY></HTML>
</x-html>From ???@??? Wed Mar 08 14:14:08 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id NAA07822
	for <neal@xxxxxxxxxxxxx>; Wed, 8 Mar 2000 13:44:26 -0800
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id FAA14294
	for metastock-outgoing; Thu, 9 Mar 2000 05:25:50 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id FAA14291
	for <metastock@xxxxxxxxxxxxxxxxxx>; Thu, 9 Mar 2000 05:25:48 -0700
Received: from mrs-1.smartworld.net (mrs-1-fix.smartworld.net [216.70.64.24])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id NAA01307
	for <metastock@xxxxxxxxxxxxx>; Wed, 8 Mar 2000 13:57:13 -0700 (MST)
Received: from freewwweb.com (ppp-45.tnt-1.atl.smartworld.net [216.70.68.45])
	by mrs-1.smartworld.net (8.9.1a/8.9.1) with ESMTP id DAA56579
	for <metastock@xxxxxxxxxxxxx>; Mon, 6 Mar 2000 03:22:40 -0500 (EST)
Message-ID: <38C36AD7.EA89736D@xxxxxxxxxxxxx>
Date: Mon, 06 Mar 2000 03:22:47 -0500
From: michael arnoldi <marnoldi@xxxxxxxxxxxxx>
X-Mailer: Mozilla 4.61 [en] (Win95; I)
X-Accept-Language: en
MIME-Version: 1.0
To: A METASTOCK GROUP <metastock@xxxxxxxxxxxxx>
Subject: testing
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   

testing