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Earl,
did you hold onto your OEX options with Fridays new highs?
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<FONT face="Times New Roman"
size=2>-----Original Message-----From: EarlA
[mailto:earl.a@xxxxxxxxxx]Sent: Friday, June 06, 2003 1:54
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] small
lotsNo big deal at a buck for a 100 share lot at IB.
Recently I've been buying100 and 200 share lots of a number of different
dividend paying stocks,including ADR's and Chinese "H" shares. It works
well where I want to spreadrisk around in a large number of small
positions. Once I have a "starter", Ileave GTC orders for 100-200 shares
in to pickup more bits and piece if/whenthe MM's decide to spike the
bottom. Not the way I buy the really highquality stuff, but it does add up
and works nicely for a piece of theportfolio.Earl-----
Original Message ----- From: "BobsKC" <bobskc@xxxxxxxxxxxx>To:
<realtraders@xxxxxxxxxxxxxxx>Sent: Friday, June 06, 2003 1:28
PMSubject: [RT] small lots> Ok, I give up ... I've been
trading for 35+ years and I still can't figure> out who in heck buys
all those 100 share lots I see cross the board every> day. Even a
$2.** stock! Now, if someone is paying $10 per trade andbuys>
100 shars of a $2.00 stock, they are paying 5% in and 5% out. A hell of
a> handicap to make any money. I realize that the market maker
sets 100share> size up to control, (to some degree), the bid ask
but I'm talking about> dozens and dozens of 100 share lot
trades. Any sense to this for thisold> geezer?
:))>> BobTo
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