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Non-Tech : MB TRADING

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To: Joseph H. Leiti who wrote (3374)1/16/1999 11:17:00 AM
From: scanshift  Read Replies (1) of 7382
 
Joe you have a short, selective memory. Read your post #2247 which I will paste below. You mentioned my name in it and that is the ONLY REASON I EXTENDED THE COURTESY TO YOU THAT IF YOU EVER WANTED TO TALK ABOUT WHAT I KNOW TO LET ME KNOW

To: funk (2247 )
From: Joseph H. Leiti
Tuesday, Nov 24 1998 10:25PM ET
Reply # of 3377

Funk and others too please "Question"
As a semi newbie to the live trading platform environment. One question .. I hesitate to
ask .. but no one else has .. and in light of an E-Mail I got today about
"if you wish to cancel your account .. you must do so by the 25th or be charged for the
following month" (This is the 1st time I've gotten a message like this and todays the
24th)

Question .. "Is my money safe"? Don't mean to cause a ruckus but ..
If the things that Scanshift is saying are true, past and present, I'm sure there are some
that may choose NOT to deal with this firm. And if enough people were to leave all at
once, what could happen ? Could my funds be tied up behind closed doors for awhile.
What happened to the customers at Block. (or will there be more room for me to add a
couple more MM screens :)

I'm a happy customer. I'm hoping the extra profits to MBT will be put to work to
improve the service (and of coarse who wouldn't like to see lower commissions but hey,
maybe in time).
Somebody calm my concerns
Thanks in Advance joe Naples Fl

PS : I too have had an occasion to see an ARCH/TNTO get stepped into but wasn't
sure if it was the recent lag on L2 due to "overtaxing the system"
Let me make this clear ... I am not accusing anyone of anything, and am fully aware of
the higher commissions I'm paying than with other firms but more importantly I want to
be sure I'm dealing with a reputable firm, I believe I am, but I'll always ask. Lifes too
short and trading/talking heads are tough enough to deal with on a daily basis

***Now do you see why I extended the courtesy to you if you had any questions? If you had not mentioned my name in your post, I would not have done so. It still does not make any sense to me why someone who only does a handful of trades a week has an MB Trading account or any other online account for that matter. Also, take a reading course. I asked why FUNK is posting on Silicon Investors, not mIRC at 9:30 am EST when the market is opening. That is what I said in my post #3348 which I have pasted below. One last bit of advice, being a jerk is no way to go through life. You have a long way to go to make it into Mack's or Funk's class though. If they are your trading mentors, I feel sorry for you. At least you don't do enough trades a month to be scammed by ARCA. If you did, your attitude would be a whole lot different.

Subject: MB TRADING
To: funk
From: scanshift
Jan 15 1999 2:21AM EST
Reply #3348 of 3377

A easy market to read today. The S&P futures range was way too tight mid session at
15 points, and that compressed "spring" popped big to 30 points. It is easy to see
compressed ranges when one looks at Range Extension Rectangles. I am starting to
doubt if you trade Funk, because what at you doing posting on SI at 9:30 AM EST.
Every other trader in the world is watching the opening action at 9:30 AM, not worried
about responding to posts on SI.

Cybertrader has cheaper ticket charges for traders who do not do many trades per
month. They also are way cheaper for traders who want to do big numbers, 20,000,
30,000, 50,000 shares. Why. Because there is not limit on the shares per ticket. I have
also never heard of Cybertrader hard crashing like MB Trading has 3 times in less than
a month, or for that matter ever having a hard crash.
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