To: Jon Tara who wrote (8731 ) 2/7/2001 4:18:21 PM From: KymarFye Read Replies (2) | Respond to Oh yeah... I'm just going on what my broker told me: that ISLD and the other ECNs all went down, all around the same time. Guess they couldn't deal with the Nasdaq testing support at 2552. So, I'm sitting there with four or five sizable short positions... Noticed the L-II quotes from the broker were behind the quotes from my charting datafeed (even though they're both supposed to come from the same place S&P Comstock) - not a completely unprecedented event, I'm learning to keep an eye open for the problem, which can become costly if left un-noticed. Then I realize that all the ISB quotes are missing (my main mode)... Then I call the broker... Between harried real-life brokers and trying to figure out what orders are canceled, what went through and, of course, what really was happening in the market and in the individual stocks, I'd guess the whole thing cost me about 15% of my open position profit, but it's hard to be sure what I REALLY would have done if everything had been working smoothly - may have induced me to go ahead and pull the trigger in a couple places that otherwise I might have held open on spec... Still annoying...
