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Non-Tech : MB TRADING

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To: funk who wrote (80)	4/25/1998 1:23:00 AM
From: peter michaelson	Read Replies (1) of 7382

Funk: I'm just not sure whether my trading strategy fits would take adequate advantage of MB Trading. I probably average 6 trades a day, mainly in arbitraging between closed end funds on the NYSE. I haven't seen that, or haven't understood how, I could improve price on NYSE better than I'm doing now using real-time live quotes and limit pricing with 30 second executions. My dollar value per trade tends to be somewhere in the lower 4 figures. I do some speculative trading on NASDAQ as well, but I do not want to get involved with Level II watching the computer screen constantly all day. I do keep my data feed on all day, but I try to get some other work done once in a while. I guess I'm like spots - totally, positively not sure. Maybe you can help me figure out how I would save that money through better executions. If I knew that, I would totally agree with you, and jump on over to MB, as they are getting the most positive commentary on SI. peter

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