WANTED Charles Schwab customers. Message Board

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Non-Tech : WANTED Charles Schwab customers.

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To: Joe Stocks who wrote (47)	11/1/1997 2:24:00 PM
From: John Sloan	of 69

Joe I'm glad to hear your not a Schwab representative. You'll be glad to know I'm not a lawyer. However I do do research for them occasionally. Your suggestions to have a backup broker and more than one account is good advice. But there are a number of small investors who can't afford two or more accounts. As far as my problem with Schwab its non accountability. The constant denial that they did not have a problem. That drives me. As for litigation lawyers won't work for free. You have to understand that businesses such as brokers have to keep their promises as well as I do in my business. If I promise you something you get it or compensation. This is how a free trade democracy works. With regards to the market. Monday was technically a hiccup when the real correction comes the market will drop 20 percent plus or minus. That would be the equivalent of 1400 to 1800 points. When this happens we're will you trade. My concern is for small investors who don't normally trade daily and will lose large portions of their portfolios.

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