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overachiever

11/24/10 2:44 PM

#123 RE: Blinton #121

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.