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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Fun-da-Mental#1 who wrote (23301)	8/18/1999 2:30:00 PM
From: theRedDog	Respond to of 99985

>>>>> On the minus side, a price war between online brokerages. E-trade now charges only $4.95 per trade! <<<<<< This is somewhat misleading... $4.95 will apply only to "premier" accounts, (more than XX trades per month) and only to "market" orders. They might save in commissions but they'll give it back in spades in the spread. Take care, theRedDog.

To: Fun-da-Mental#1 who wrote (23301)	8/18/1999 2:36:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Yes this market is very confused right now as am I. I am probably making up for missing all my would be winning trades yesterday but I just started a suicide day trade on the OEX buying some calls during this last -600 TICK push that the OEX held the lineinthe sand 695 area on. The NASDAQ and DOW both are making descending traingles so Don't sell signal should prove to be good. I just want to try and make a quick scalp and use the profits to play the downside on a position play later. PS - I was not ignoring all the others that posted to me as I wrote you all back but kept getting fatal errors and kept forgetting to turn off the preview option to keep fromthem getting wiped out. After writing long posts, didn't have time to re-do them and once I had read them, didn't really have the time to go back and find them again. To the one that wrote me about DELL, I meant the stock price was weak BEFORE the earnings release. Good Luck, Lee