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I know I am going to sound abrupt, I don't mean to, but quite frankly this
issue is getting on my nerves...I do not want to take it out on anyone, but
please give me a rest.
Here's me....I traded in NYC for several years on SelectNet, Instinet, etc...etc..
and I understand time & sales and everything else everyone is trying to justify
Don's stuff with.
Okay?
----Please...I don't think any of this is the issue. And I do not care. It's not
personal between you and I...you guys are not the target, I am.
>From where I'm standing....Don Green has it easier than I do....All he ever did
is say "I'm Shorting XYZ and you figure it out"
Honest...please stop pressing my button over this guy. If you got the e-mails
from this dude I got you would wonder what the hell he was talking about.
--PJS
Zephyr wrote:
>
> > Hi Patrick,
> >
> > You wrote:
> > > Don's "questionable" (whether it was or not I do not know) trade was
> > on BA, I believe. BA is not NASDAQ, Schwab cannot get any better a
> > fill than you or I.
>
> > I believe that there is a general misunderstanding concerning how some
> >
> > of these trades work, both on NASDAQ and NYSE stocks.
> >
> > Likewise, the time reported by Schwab to the customer may not be the
> > time that the trade actually took place, but the SEC permits trades to
> >
> > be "slipped" in time up to 3 minutes. I know, because I have used
> > another major firm and they sometimes pick off parts of my trades,
> > give
> > apparent "price improvement", but as I watch time and sales the NYSE
> > trade really takes place in Chicago or Boston depending upon the
> > stock.
> > If I can save a 1/8 of a point going in and coming out, and they make
> > money, so be it.
> >
> > R Tareilo
>
> Randy is correct about the above and if this alone is the reason that
> Green
> got kicked off this list them the list operators need to rethink
> justification.
>
> Zephyr
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