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To: Jorj X Mckie who wrote (176826)7/1/2002 9:10:02 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 436258
 
AP...two planes collide over Germany...?



To: Jorj X Mckie who wrote (176826)7/1/2002 9:15:02 PM
From: marginmike  Read Replies (4) | Respond to of 436258
 
my broker SSB just got pissed off because Ive been paying less then 1 cent per share. I traded almost 1.5 million shares this year and paid a 3/4 % commish. Hedgies pay more then I -g-



To: Jorj X Mckie who wrote (176826)7/1/2002 9:52:14 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<. It is only unlimited if you have $1M+ in the account...>

I guess... I don't know :)

<it makes sense for me to go up to about 3% of my account balance for a flat fee>

As I said... I'm down around .3- .4 all added up. But I've got a lot in my accounts. Also, I trade hundreds of thousands of shares of Canadian pennies [gold], so it's really been a major winner for me.

<I was surprised that MER was unwilling to negotiate on the commission structure. From what my broker tells me, I am his only client who is making money in this market....the rest are following Merrill's LTBH strategy. >

Me too... although this stuff is expensive [execution & overhead].

DAK



To: Jorj X Mckie who wrote (176826)7/2/2002 9:22:45 AM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
Jorj, Crazed weasel. I have to remember that one. The fact that you are making money has no impact on your fee, other than paying a higher absolute amount. Did you see where Merrill lost half a bil in Asia? Geez, that's like 5 fines. I figure that's why they're cutting you off. <g>