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I would agree if, and only if, nowhere else is there an established 'usual practice' or 'rule of precedence' that somehow gives priority to longs over shorts.

I think everyone here is in agreement on that point. The cliff-hanger seems to be the question of longs vs. shorts intraday.

I have seen this rule. This does not define "usual practice and rules of precedence" It is still open-ended.

What do you define as the "average person"? The average person could not figue out how to program their vcr. The average person earns a relatively pitiful wage working for the man.

Thank you for clearing that up for us Don. I was pretty certain that this was the case, based on my experience, but since I was repeatedly challenged on this and could not show a link or point to any rule that confirmed it, I did not want to be accused of blowing hot air by the "speculators of...

I must point out here (in keeping us all honest) that I have not seen anyone "so vociferously" claim that long sells can have priority over shorts. Perhaps Rockford has honestly mistaken the exact definition of the word, but whatever the case I wanted to make that clear. What I had said, as...

Dan - are you hanging in there buddy? Don't let your head spin, LOL - It's a lot less complicated than it sounds if things are not explained properly, or presented with a bias. I'm sorry I can't do justice to giving you any more helpful NYSE related advice other than that right now. I do have a...

LOL- Dan you are very astute. Keep that open mind. As someone who is swinging some decent size positions around, I am sure that you have already learned the very important trading lesson of always being willing to admit that you are wrong. I have seen hundreds of times where stubbornness and ego...

You are correct.

No, all of the mkt orders will execute on the opposing side of quote, unless it is about to trade through the side it is coming from, and even then it likely won't since the spec likes to make the spread when he can. By the way Rockford, this thread has gotten pretty popular, maybe we ought...

You are correct, a market sell will not likely at all be filled at the ask unless it is being cleaned up. The same would go for a better limit since the spread is a penny... so what Rockford suggested would not be the case

Well remember (speaking of heat), it was Mrs. O' Leary's cow that caused the Great Chicago Fire. http://www.thechicagofire.com/ I look forward to those examples, and we will find out for sure if the other sellers are given priority over your shorts because they are long sellers. I...

Yes I would have definitely been on the phone to find out what went on in that first case where you were completely shut out. I totally understand your skepticism. I hope things make more sense now. Here is another useful thing to try: Next time you are doing a large order like that, send an...

It is also possible that the orders arrived close to the same time. The rules in this case, if time priority cannot be clearly determined, that both or all orders participate. I'd love it if you could post some t&s examples or at least the exact times on the day you do these trades so that I can...

Dan, you must be suprised to see us still talking about your order for all these pages. Anyway, it's been an engaging discussion to say the least. What you described above is what happens when another buyer or seller gives an order to a floor broker, which happens to be on the same side and...

Not possible.

These scenarios which have been proposed are not consistent with what took place or with anything ctsu said could have occured, since as ctsu said, a floor broker cannot step in front of the book, take over, and cause Dan to stop getting executed. I described the reasons in the post above...

Rockford, I'm afraid you are missing the whole point yet again. I will do my best to explain and break it down into simpler terms for you so that you can understand where you are wrong. We are clear that Dan's order was the first on the book at his price, and he does get a partial fill. As he...

Rockford, once again, the partial rule that you just posted in your response to EM gives the priority to the bid or offer as entitled to it under paragraph (a) based on time, which you conveniently omitted again. That, and all of the evidence presented numerous times on this thread as well...

I welcome any and all opportunities to answer these baseless charges. Note that Rockford makes only generalized accusations because he knows that I can and will debunk any specific accusation he has since everything is well documented here. It is clear to anyone reading this thread that...