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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TraderAlan who wrote (10612)11/13/2000 7:54:09 AM
From: TraderAlan  Read Replies (1) of 18137
 
This should take care of those outstanding pennies. But the sword cuts both ways. If our informal poll is correct, their open accounts #s should plummet next year:

"Under pressure to add more and more services but also boost the bottom line, newfangled online brokerages are turning to an age-old Wall Street practice -- fees.

TD Waterhouse (TWE:NYSE - news) and E*Trade (EGRP:Nasdaq - news) say they plan to institute a $15 quarterly fee on brokerage accounts with less than $5,000 in assets at the end of this year. "

Alan
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