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Re: Mrkt-Nu-B post# 10827

Friday, 07/20/2007 12:57:23 PM

Friday, July 20, 2007 12:57:23 PM

Post# of 245687
Oh sure I understand there are both buyer and sellers on every transaction/print.

However Taking and/or Hitting are actions that are initiated by a person.

You can say you BOUGHT on the Bid... but that was only because someone else HIT the bid with their Sell Order or some MM's filled you there when maybe they bought below the bid price.


It's just for CLARIFICATION purposes I'm requesting the board to get this correct. It's pretty confusing when everyone is speaking a different language.

Hope you understand.

I spent 7 years on the Pacific Exchange, so I do know what I'm talking about.


You 'Take' Offers

You 'Hit' Bids


It's just that simple and yes that is Correct.

All the best with your investments.