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What this might represent is that you were going from a net short position
to a net long position. You may not have had the buying power to buy the
additional 800 until the first 800 were covered. All brokers use some kind
of risk protection to ensure that you are trading withing the limits of your
account. However, I would be concerned about a *2 Minute* delay. I could
understand a few seconds at most. I trade globex futures and get great
(fair) fills, with no downtick rule. I used to trade the QQQ's before the
decimaliztion, and at that time there were often slow executions by the
specialist, and sometimes spreads of up to 1/4 pt!!
If you are trading QQQ or SPY on a regular basis - consider the emini
products - forget the pits even if you want a bigger position - trade
multiple minis. Commissions with TRADE are about $6 each way - not too bad.
Also condsider the tax advantages of almost 1/2 your profit being considered
long tern cap gains by the IRS even if the trade was for a second!
Good Luck and Good Profits!
Robert
>
>
> > I had the following life "QQQ" trade executed yesterday (on TS6):
> >
> > (from long 800): sell 1600 shares QQQ at MARKET on 1/15/02 1:28:36 pm
> (price
> > was at 39.98)
> > Fills:
> > 1/15/02 1:29:52 pm 800 QQQ at 39.9538
> > 1/15/02 1:30:38 pm 800 QQQ at 39.9300 <= more than 2 minutes
> >
> > Does that earn rewards now ?
> >
> > Robert
> > ===============================
> > Robert Linders
> > Orlando, FL
> > email: mugsnug@xxxxxxxxx
> > ===============================
> > ----- Original Message -----
> > From: "Jim Bronke" <jvbronke@xxxxxxxx>
> > To: "Mark Brown" <markbrown@xxxxxxxxxxxxx>; <Omega-List@xxxxxxxxxx>
> > Sent: Saturday, January 12, 2002 3:46 PM
> > Subject: Re: Reader's Choice Awards - TASC Does it again
> >
> >
> > >
> > > Mark,
> > >
> > > Without desiring to be patronizing I can say that you can only
> effectively
> > > exercise concern on one issue if you don't create another one in the
> > > process. I think most would say that by expressing yourself that way
> you
> > do
> > > create another issue. If you don't like TASC just don't subscribe. I
got
> > > along fine without it until just a few months ago. You can throw them
> > away
> > > like we can delete emails that we can't be bothered with. Deal with
the
> > real
> > > issue and progress can sometimes be made.
> > >
> > >
> > > Jim Bronke
> > > Phoenix, AZ
> > >
> > >
> > >
> > > ----- Original Message -----
> > > From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
> > > To: <Omega-List@xxxxxxxxxx>
> > > Sent: Saturday, January 12, 2002 12:57 PM
> > > Subject: Re: Reader's Choice Awards - TASC Does it again
> > >
> > >
> > > :
> > > : Hello Jim,
> > > :
> > > : JB> I had to think about this.
> > > :
> > > : good.
> > > :
> > > : JB> This is really not an appropriate comment.
> > > :
> > > : i agree - but neither is the perpetuated RAPE of the general public.
> > > :
> > > : JB> I have
> > > : JB> talked to the new editor(a few months back) and it is a she and
it
> > is
> > > just
> > > : JB> not in good taste to make such an inference about a woman.
> > > :
> > > : the comment apply's to a business ethic or rather a lack thereof.
> > > :
> > > : JB> If you really think that TASC will compromise its' integrity by
> > > : JB> favoring software purely based upon advertising revenue then you
> > > : JB> can make that statement.
> > > :
> > > : then i can make that statement and feel i could certainly defend
that
> > > : position in a court of law, at least here in the states. i
honestly
> > > : feel that s&c are crooks with absolutely no integrity at all.
> > > :
> > > : JB> But, keep it at that. For the sake of common courtesy on our
list.
> > > : JB> OK?
> > > :
> > > : no excuses i stand by my act.
> > > :
> > > :
> > > : JB> Jim Bronke
> > > : JB> Phoenix, AZ
> > > :
> > > :
> > > :
> > > : --
> > > :
> > > : Have a Great Day, Mark
> > > :
> > > : http://www.markbrown.com
> > > :
> > > :
> > >
> > >
> > >
> >
> >
> >
>
>
>
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