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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Spytrdr who wrote (7527)	7/11/1999 6:50:00 PM
From: HairBall	Read Replies (2) \| Respond to of 13953

Spy Trader: ", hundreds of transactions a day, etc... that's nonsense To run up a 2K tab with E*Trade per quarter all you have to do is place 50 round trip NASDAQ trades which is about 40 bucks for a round trip. Now since a quarter has about 63 to 64 trading days, that would be less than one round trip trade per day. You need to do the math before you spew... And if you are only investing from a coin purse or child's piggy bank, then the extra 120 to 180 dollars or so per year it cost to have a back up ISP (insurance) may not be worth it... And if you short stocks having more than one source to borrow makes good CENTS.... Some of us invest and day/swing trade! One thing I have learned about SI, is NEVER pay attention to a poster that only post on one stock thread. Yeah, I looked at your profile….<g> Regards, LG

To: Spytrdr who wrote (7527)	7/11/1999 11:08:00 PM
From: Pullin-GS	Read Replies (1) \| Respond to of 13953

That was a silly post SpyTrader...... Just what is the "recommended daily trading-allowance" for a stock-pro anyway? I guess I should throw away my level-II, since I'll be buying and holding from now on.;-) So much for those little $250 1/4 point momentum-flips during the day. Pure "nonsence". ....And all those CNBC news-plays during the day? Nonsense you say? *sigh* Just the other month only one of those 3 brokers had NSOL shorts.....and what a lucrative short it was. <VBG> ...and those E*Trade IPOs have added up. ...and those lightning-quick Castle fills are wonderful when CNBC is pushing another stock. Hint: Spy, don't quit your day-job. Hint#2: "Get a life" you say? How about "get a clue"?

To: Spytrdr who wrote (7527)	7/12/1999 10:55:00 AM
From: Stanley L Brown	Respond to of 13953

Spy, Thats called trading. Many people do it and make a living at it. Its not easy and more lose than win so the statistics say. I have been doing it for over 6 years and wouldnt want to make a living any other way. I would love it if I could completely trust just one account/brokerage to handle all my trading and it would be a great benefit for them to get all my commision costs instead of a percentage of it. But as of yet I havn't found one. And yes even if one broker that currently has a position in it goes down you could protect it by taking a opposite position in another account. ETrade was pretty good at the begining but began being more growth conscious than customer conscious, and service, speed and reliability all show it. Yes AOL had great growing pains but did what was needed to handle it, Chris isn't hes ignoring customer requests to build out the system to handle the volume they are advertising for. They even disreguard simple requests such as leaving the classic site operational for those who prefered it. They chose not to because they wouldnt have the control over the investors screen real estate if they did. So once again growth and advertisers wants overide customers needs. Good luck in this one till there is redirection towards customer satisfaction versus being the fatest boy in the diner. Happy Trading Stan