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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (31694)4/25/1999 2:32:00 PM
From: JustInTime  Read Replies (1) of 90042
 
Tim, a question for you about AB Wately if you don't mind.

I have the lit from them and I have read thru it, but I am still not clear about something.

If I do 100-199 trades/month, it says $18.95/trade. But how many shares is that for? I typically do trades in 3-5K blocks, and with Schwab I am really getting screwed for 5K it is $150 to buy in and $150 to get out. For 1K shares, Schwab versus ABW doesn't mae much difference (the cost of the trade that is), but does it really only cost $18.95 for 5K shares?

Thanks a bunch.

PS: Check out AFCI, I think we will see $9 1/2 this week and $11-$13 soon. Currently trades at $8 1/4. I got in last week at $7 1/8.
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