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RE: Buy stops and after-hours markets



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At 01:19 PM 08/14/1999 -0400, you wrote:
>By definition, Ameritrade is correct.  If you are placing a Buy stop on
>the open at say $25.00 and the market opens above this level at $25.50,
>for example, then you would receive an unable or a cancel since a Buy
>Stop does have to be above the current
>market price to be valid.

****Wouldn't initially placing the order GTC get around the above, as the
order would be good when given?

Regards,

FPI