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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (51777)	2/15/2000 10:24:00 PM
From: benchpress550	Read Replies (1) \| Respond to of 122087

If you don't mind, please care on. I learn more from this thread than sitting in 635 investments (for my more bad advice degree) for 4 hours a week. By the way, thank you for helping little old me kick 120 students and my great teacher's rear end in playing the stock market. (yes, I am playing with real money too.)

To: Anthony@Pacific who wrote (51777)	2/16/2000 7:31:00 AM
From: gbh	Respond to of 122087

Excuse me.. You made the statement NITE scams every single order. Anthony, this is so ridiculous it doesn't even deserve rebuttal. Of course they have advantages. I listed some obvious ones (on the NITE thread) and you listed some here. But they put up capital to take the other side of every trade. It's more likely, that greater than 99% of all trades are executed as they should be. Perhaps the advantages you and I mention help them in a few trades, and in perhaps even a fraction of these the trader/investor gets screwed. The NASD has additionally renmoved all mandatory liability on SNET ordsers I totally agree that brokers that SNET market orders completely suck. Datek being a prime example. But this is not a NITE issue, or even a MM issue. This is a regulatory issue with NASD. Fidelity, otoh, instantly executes virtually every market order I've ever send them. Good enough that I don't fear market orders with them the way I do with Datek. You also made the statement that "it gets worse every single day". Simply watching the main NITE supplying threads such as EGRP, AMTD and Brownco would not support this statement either. Now perhaps people don't complain because they don't know any better, but its more likely most trades are getting executed as they they should.. Gary