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RE: [RT] S&P Disaster trade

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<DIV><SPAN class=046093515-12102000><FONT face=Arial color=#0000ff size=2>Dig 
back on your browser and see if you still show the page if it was an internet 
trade.</FONT></SPAN></DIV>
<BLOCKQUOTE>
  <DIV class=OutlookMessageHeader dir=ltr align=left><FONT face=Tahoma 
  size=2>-----Original Message-----<BR><B>From:</B> Sean Cassidy 
  [mailto:scassidy@xxxxxxxxx]<BR><B>Sent:</B> Thursday, October 12, 2000 10:32 
  AM<BR><B>To:</B> realtraders@xxxxxxxxxxx<BR><B>Subject:</B> Re: [RT] S&amp;P 
  Disaster trade<BR><BR></FONT></DIV>
  <DIV><FONT face=Arial size=2>Thats what happened, when filled the cancel 
  dissappeared, an accident I am sure.</FONT></DIV>
  <BLOCKQUOTE 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
    Ira Tunik </DIV>
    <DIV style="FONT: 10pt arial"><B>To:</B> <A title=realtraders@xxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx</A> </DIV>
    <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, October 12, 2000 11:27 
    AM</DIV>
    <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [RT] S&amp;P Disaster 
    trade</DIV>
    <DIV><BR></DIV>IF you have a cancel confirm, you are out of the trade.&nbsp; 
    Ask for the time stamp on the trade and then compare it with the time stamp 
    on the cancel confirm.&nbsp; One way or the other, you are entitled to an 
    out or an adjustment.&nbsp; If you received the cancel confirm before the 
    trade confirmation, it is the brokers problem, not yours.&nbsp; I hope that 
    this wasn't electronic and that you have a record of each event and the 
    times that they occurred.&nbsp; Proof is what it takes.&nbsp; Somehow, proof 
    seems to disappear in electronic trades when it is to the brokers 
    advantage.&nbsp; good luck.&nbsp; Ira <BR>&nbsp; 
    <P>Sean Cassidy wrote: 
    <BLOCKQUOTE TYPE="CITE">
      <STYLE></STYLE>
      <FONT face=Arial><FONT size=-1>Had a trade go wrong and wonder if I should 
      do anything. I placed a limit buy&nbsp; for 138050 on the emini s&amp;p 
      when the market was at 138100 (to try to get a good fill) at 850:45 AM. 
      Then cancelled the order at 851:04 AM and got a cancel confirmation. I 
      checked numerous times for fills and it showed none for 10 minutes. Then 
      they showed me as filled when the market was trading 137450, about 10 
      minutes later. I then immediately marketed out at 137250. I have never 
      lost more than 2.5 pts on a trade, this was minus 8. The 2 issues for me 
      are a) I was given a cancel confirmation and b) they did not report the 
      fill for ten minutes. On top of that I usually reverse off of the pivot 
      line which was 1380, so I would of sold 2 at 1379, meaning i would of lost 
      1.5 on one trade but been short at 1379 on a market that went down to 
      1349. My broker said I should of known I was filled. Sould I be upset 
      about this, any ideas?</FONT></FONT>&nbsp;<FONT face=Arial>SMC</FONT> 
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