Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (16992)	1/13/1999 2:58:00 PM
From: Timoteo	Read Replies (1) of 18691

Roger-ironically Discover's screw up on an execution made me money, since they never bought my E-bay yesterday. I covered this morning, but it took about 7 minutes even to get a trade confirmation. I had a problem with them on a ZAP order this summer where they verified a cancel, only to find out later I had made the trade. That time it costs me money. I don't think they're any better or worse than most of the E-brokers. The moral of the story is the individual investor is at a distinct disadvantage when it comes to taking advantage of this volatility. FWIW I jjust reshorted AMZN @ 157 1/2 and expect a late day selloff in the internets. Best, Timoteo

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