I got robbed by the specialists.
Went long AMAT @15.65 this morning (50% retrace betw 17.64-13.65); watching it declined further. Placed a limit buy, dubbling the position @15.17 (61.8% retrace in the same trading range); got busy, walked away from the desk; came back and saw the low printed today was a penny above my limit buy order.
Sometimes, I have to wonder why the SEC allows access, to only the specialists, to the limit order books.
Furthermore, Bank of America must really want to get back in today.
Regards,
Lepto