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Non-Tech : Datek Brokerage $9.95 a trade

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To: Fred Puppet who wrote (2546)5/8/1997 3:04:00 PM
From: Quaddad   of 16892
 
Wow Fred. You ought tp apply for the job as the Presidents spokesman. The way way you twist and warp what other people say is amazing.
You say that I claim based on 3 orders, my other broker will get any price I want. If you read what I wrote, it clearly says that my other broker tries to get the price I want. If it doesn't execute then it doesn't execute. But I must say my other broker does do a fine job of getting me the price I request. I have split the bid/ask on almost all my limit orders placed and when selling, at least 50% of the time I get a price beter than I requested.
Datek is great for market orders. I had a market order today that executed in 1 second. No one can beat that. But if you place a lot of limit orders trying to beat the bid/ask, then Datek may not be the best choice.
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