Ouch!
In case some of you lurkers dont get it, post 7642 is a joke. Please note the date!
First of all, I drive my wife's Nissan Altima, and not all that often. A Lamborghini, yeah, in NYC. A *little* realism couldn't hurt.
Second of all, don't blame me that the Wall Street Journal considers a Dilbert Ticker news. I much prefer the Forbes idea of news: Datek Online gives an investor the ability to get their order exposed to Nasdaq in a few seconds.
The reason its been so quiet on this thread is simply because you all are happy with Datek Online. The websites are so much faster than the competition in dishing out quotes and handling trades, its scarey. The order processing systems, upgraded 4 weeks ago, are also too fast for words.
Human nature: people would rather complain than compliment.
And remember, in my view, Datek Online isnt even a broker, its an electronic gateway between the internet and the stock markets. Your trade goes from your web browser directly to NASDAQ or the floor. Not to a human being. So for the self-directed investor, Datek Online really is the place to trade.
Morpher, sorry you don't agree, but then again, you still trust your trades to Datek. So I am not sure how much weight your complaints carry.
In other news...
1) There will be no margin charges and interest credits on the proceeds from short sales starting on 1 May 1998.
(Although, if you think about it fairly for a minute, a broker's risk in covering a short position is unlimited: a stock can always go up, but can never fall below 0. Nevermind... And don't rage at me, I am just the messenger on this one.)
2) Stay tuned for open Alpha testing on level I streaming service. Level II to follow shortly.
3) the ability to download your Datek online account into Quicken or Money is coming soon.
Have a fabulous 1 April!
-peter stern cto datek online |