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In a message dated 1/27/00 1:25:05 PM Pacific Standard Time,
ronin@xxxxxxxxxxx writes:
> on the first back tic after my stop was
> touched off. This back tic occurred only 52 seconds after my stop was hit
> and occurred in very fast market conditions. No mention was ever made of
any
> "three minute rule"
Some common sense applies here. If a "back tic" occurred 52 seconds after a
stop was hit you should certainly expect a fill. If the "back tic" occurred 2
seconds (for example) after the stop was hit, but you are filled 3 seconds
later, it is hard to make a case that the broker "didn't do his job." Just my
opinion, not the law.
Request official time and sales if you have a question like this. If your
broker objects to that request, get a new broker.
Bill Wynne
http://smarttrades.com/
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