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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Waligore who wrote (29536)	2/7/2002 3:49:06 PM
From: dennis michael patterson	Respond to of 52237

The "test" is bs. Sure, you have to know a thing or two, but every time they ask you a question with an answer "Is IB responsible" just answer NO!

To: Joseph Waligore who wrote (29536)	2/7/2002 6:58:31 PM
From: Fundamentls	Read Replies (1) \| Respond to of 52237

Joseph, I've been with IB for over a year and would agree they are fast and fairly reliable, not perfect but overall very good; I easily do 80% of my trades through them, although they hold only about 15% of my funds. The only thing negative of late is disappearing GTC orders, which I have had happen several times in the last couple of weeks, but only rarely before. I expect they will get this fixed, they are quite aggressive at improving their software and bugs (and even annoyances) disappear quite quickly after surfacing. If you go short with any frequency, I have found that the availability of borrows has gone from average to good to outstanding over the past year. In the past week I have gotten borrows from IB that I cannot get elsewhere, on heavily shorted stocks like RSTO and KKD. The correct answer on the "test," in every case, is "you're screwed." Also, expect nothing from IB on paper besides an annual 1099, and only minimal phone service, though the online customer service is generally competent. I have dealt with Fidelity, DLJ/CSFBDirect, E*Trade, Morgan Stanley Online, and IB, and by far the best for trading has been IB. Hope this helps, Fund