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Well I must admit that I was watching BBBY before it showed up on the Bottom Fisher. I got a phone call and I had to leave my trading desk and pick up a sick child from school. When I returned BBBY was on the BF scan. Entry 34.85 Target 35.71 Stop 34.65 Traded up to 35.15 and then got...

I totally agree. I can't help wondering how much business the NYSE is loosing to other venues do to this. Sooner or later they will be forced to offer IOC limit orders and tighten the time that the specialaist has to fill market orders too. Mike

Please don't get me started again about how much I HATE those embedded monopolies. I think we covered that before recently! Mike

AAA, All the results of the scans are on pace to trade higher than average daily volume. These are the movers and shakers. Which way they are going to move and shake is left up to you to figure out. Tony's method uses other INTRADAY support/resistance for entry and price target. Certainly...

I'll say it again. IB needs a BEST IOC ONLY route. They also need to expand the API. I opened an IB account today. However, I think that their order entry is really lame. I intend to write my own. Def, If your listening, what are the chances of getting a BEST IOC ONLY route? These horror...

That's EXACTLY what I expected. My earlier post:

def, Thanks for the reply. Don't you sleep? 4:35AM? Mike

I'm looking over charts of the NASDAQ 100. It looks like BBBY is touching major support at ~34 (Lower BB, 50MA and prior support). If I keep an eye on this puppy tommorow, how can I use this knowledge for a high r/r trade. If it bottoms and turns up at ~34, go long with a stop just under 34? If...

GATrader Yes and no. It performs a subset of firewalling. Reference this thread for a better explaination: http://www.elitetrader.com/vb/showthread.php?s=&threadid=5507&perpage=6&pagenumber=1 The linksys gateway should not be a problem because it does not block outgoing connections...

def, Thanks for your replies. I'm sure that you can appreciate that because I am considering opening an account with your firm that I want to get as much information about your execution speed as possible. Since I'm currently using RealTick order entry I have something to compare to. Would...

INTU came up on the Usual Suspects scan. Shame on me because I just jumped in at 40.70. It had been trending up nicely and I did not want wait for a pull back. I also wanted to get in before it tried to break the day high (40.89) and the high 2 days prior (41). It met quite a bit of resistance...

Thanks for the comments so far. The demo only allows you to choose BEST or ISLAND for NASDAQ stocks. Which ECN's does the real software allow you to choose? The API docs say Why is this? Are there any plans to expand this? I have examined the BEST Execution flow charts on the site...

Yes!

Don, I'm going to guage your recovery on how long it takes you make your next post. Hope that is real soon. Mike

I just looked at the IB TWS demo and their web site. I'm acustomed to trading on RealTick with the ECNs. Order execution is very fast. I'm curious how much longer IB's "Best Execution" routing for both Marketable and Non-marketable orders takes over executing ECN orders with RealTick...

It was not taken as such. Babak did point out in a very general manner (non-techie) that both vehicles should be used and that one is not a substitute for the other. So for the non-techie, he is essentially correct. Mike

It's like asking What weighs more? A pound of feathers or a pound of gold?

I think what Babak meant was to infer was that a router is frequently a firewall - as are most of the common "Internet Gateways" available. They are routers because the do NAT (Network Address Translation) and they are considered firewalls because they do port blocking/forwarding, which is a...

I verified the Linksys problem. I can't believe that this is a problem. My Win2K box would not run the TWS demo. I got the blue screen of death right after clicking on the Login button. The blue screen of death told me that it was the linksys driver. I relpaced the card with a Dlink and Wa-La...

hapaboy, Cool piece of equipment. But what happens when it fails? You need to buy two - one for a backup. Also, boot manager software does the same thing without the additional hardware and GRUB is free. It is the new Linux loader. It loads other OS's as well. Mike