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Non-Tech : E.Schwab problems
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To: Torben Noerup Nielsen who wrote (723)1/21/2000 5:16:00 PM
From: Mark Z  Read Replies (1) of 1401
 
The reporting back has been getting slower, just another sign that service levels, in general, are deteriorating. I placed a marketable order with 18 minutes left today and at this moment I still don't know if it filled or not although I suspect it did (at least it should have).

I started transferring assets awhile back (beg. of Dec.) and what I found works pretty well is to do it incrementally. I try to buy on dips at Fido and sell on any bounce at Schwab. I move cash by writing checks on my Schwab acct and depositing them at Fido. Last time I tried to formally transfer assets, they were effectively frozen for 2 weeks which, in this market, is too long to be exposed.
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