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Re: Blinton post# 121

Wednesday, 11/24/2010 2:44:25 PM

Wednesday, November 24, 2010 2:44:25 PM

Post# of 1515
You have no idea who you are talking too, Bud. I have used market orders on FAS and FAZ many times and I am telling you that overall, it is a bad idea. If you want to buy at the ask, use a limit order designating the ask as your limit price, otherwise you are eventually asking for a reaming.

The more black box trading has become a norm for the large institutions, the worse it has gotten.

We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution

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