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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER!

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To: Brett Verinck who wrote (871)3/23/1999 9:15:00 PM
From: Gary Korn  Read Replies (1) of 2045
 
I've been papertrading on ABWatley for the past several days. My initial reactions:

1. Thank you Tim Luke for all your great help in getting set up!

2. Signficantly, the Level 2 feed on ABWatley is, so far, more stable and consistently more current than the feed I was getting from DBC Signal Online, which often lagged.

3. The people at Watley answer the phone in 1 or 2 rings. A positive, with which I had been unfamiliar (Fidelity takes way too long to answer the phone). However, the level of hand-holding could be better. There is not quite enough follow-through, or perhaps not enough responsiveness or willingness to explain.

4. Another positive is that it appears that Penson, the clearing firm, plans to have Quicken download access by late April or May. This is a great feature I use with Fidelity. Anyway, ABWatley advised that this was in progress, and it was confirmed today in an email to me from Penson. I do hope this actually happens.

5. The software, at least in the papertrading mode, is pretty simple to use once you get the knack of it. I can see that I have a lot of experimenting to do setting things up. But I do like that Level 2 feed!

Best,
Gary Korn
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