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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (38589)	10/25/1999 3:32:00 AM
From: Bull RidaH	Respond to of 44573

* All Equity, Option, Bond, & Mutual Fund Traders * If you have or soon will have $50,000 to $10 million+ at work in the markets and make 10 to 750 trades per year... Read on. A monumental step forward was taken on Friday in the brokerage industry that will forever change the way active traders and investors do business. The behemoth of the industry, Morgan Stanley Dean Witter, stepped up to the plate with an obscenely attractive account offering that enables investors to make a virtually unlimited number of trades (excluding ONLY commodities) for one small annual fee. And full service brokerage capabilities are not compromised, as a client may trade with their personal broker or online via Morgan Stanley's "Client Serve" Internet Brokerage Interface Service... Formerly known as "Discover Brokerage." Access to Morgan Stanley's full array of investment research is available online or via mail or fax from a personal broker. The account has unlimited checking and Debit Card provided at no charge, with monthly statements that are the benchmark of the industry. The current money market rate for cash balances is 5.07% (Quite a bit better than Brown & Company!). You have access to I.P.O.'s, and can enter orders 24 hours a day online as with any other online broker. Now for the Meat & Potatoes: The fee is only charged on your average stock, option, bond and mutual fund balance for the quarter, so cash is excluded from the fee. The minimum annual fee is $1,000 (broken into quarterly payments), and works on a sliding scale from as high as 2.25% of your total average invested assets (for accounts under $250,000) to as low as .56% for accounts greater than $10 million. So let's take the example of your average swing trader who works with a $100,000 account, and who averages 25 trades per month... Some stock, some option... and an occasional mutual fund. The most that client would pay for a years worth of trading is $2,250 IF THE CLIENT STAYED FULLY INVESTED AT ALL TIMES, which we know most do not do. Let's assume the average trader only utilizes 80% of total capital at any one time, and spends several days a month all cash, and several days a month only 40% invested. It would be safe to say the average invested funds balance for that investor is 60% or $60,000 for the quarter, which would yield an annual max commission payment of $1,350 (broken into quarterly payments). And the kicker is... THE OTHER 40% OF AVERAGE CASH BALANCES IS EARNING 5.07% ANNUALIZED (Currently), not only nullifying the commissions paid on the other portion, but still leaving the investor with a cash surplus! In fact, $2,028 interest would be paid the investor on the cash balances, leaving a $678 surplus!! And what does the investor get along with the $678 surplus? * Virtually unlimited stock trading - No matter if it's round lots of 100 or 50,000 share blocks!! * Virtually unlimited option trading- Any number of contracts, and we ALL KNOW HOW EXPENSIVE THIS IS AT ANY DISCOUNT BROKER, much less a full service brokerage! * Virtually unlimited Mutual Fund trading/switching-This includes many of the most popular and best performing Class A shares!! NO CHARGE!! *Virtually unlimited Cash Bond trading- From U.S. Governments to States, Counties, Munies... And yes..even Corporates!! All FREE!! An asset allocator's dream come true!! Think of how much $$$ you've spent in commissions over the past few years,with all the hassles and irritation... and try to comprehend trading virtually unlimited with the best in the business virtually free!! Now we all know that even without transaction costs, you must have a well defined strategy to beat the market...(And it's not as easy as grabbing it by the ankles and shaking the spare change from it's pockets!!). This is where having a dedicated personal broker comes into play that you can bounce ideas off and who can watch your back and keep you in a disciplined strategy. Not having this is exactly why 90% of the online traders fail. Now we come to why I have written this for you. My best friend in the world is a Morgan Stanley Dean Witter Broker. I have known him for 8 years, and he has been with the firm for 3 years, but has been involved in the markets since '89. He is 35, a former marine, and not only a genius but a trading mastermind. I have watched him astound his clients with exceptionally well selected and timed stock trades over the past few years, and I know of not a single unhappy client (not even my dad.. who is also a client). He has roughly $7.5 million under management and is ready to add approximately 20 clients who fit the criteria at the beginning of this letter. He is licensed in all 50 states and has the support network to lavishly service all who are ready to get involved. He can have you trading the same day if you have a fax machine and all pertinent information available. I could not conceive of someone who could better help you succeed in the financial world... Nor of someone who is more of a pleasure to work with. In light of all the business I have sent him combined with all the new clients I will be sending him, he has agreed to make special concessions (even from these low fees) to any of my referrals. Send me a private response if you would like to be contacted. Thank you and Good Trading to All!!

To: Bull RidaH who wrote (38589)	10/25/1999 7:51:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 44573

Morning dave! how many contracts can I trade?

To: Bull RidaH who wrote (38589)	10/25/1999 8:01:00 AM
From: Chip McVickar	Respond to of 44573

Good Morning David, I thought this was a bearish engulfing pattern? iqc.com You're obviously adding a subtlety here around the long extended move from early August. The only other candle pattern like that on a weekly basis was in Dec 98. There it went up another 5-8 points and went flat for 2 months. I suppose it could also be a signal of some buying exhaustion or volume blow-off pressure...GE should split again soon. Thank You........I'll watch for the 50% body retrace. Chip