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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Tao who wrote (9809)6/11/1998 1:12:00 AM
From: Michael  Read Replies (2) of 18691
 
My friend Tao:
<<Since I could not short any stock of Zona at 35 at Schwab, I was thinking of opening an account with Datek. My concern is that how are their execution of orders and are they reliable as a brokerage firm.>>
Datek executes orders better than Schwab.
Fact: I placed limit short orders on Zitel many times
at both Schwab and Datek. Only Schwab failed to execute an
order when the price actually was higher during the day.
I called Schwab on it, and was told that the marker makers were to blame.
This has never happen at Datek .Also Schwab charges 300 % more .

Your Friend, Michael

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