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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (4930)11/21/2002 2:01:00 PM
From: Sojourner Smith  Respond to of 19256
 
I never thought GS would get above $80 again.
Criminal really.
Should be at most half that.



To: Smiling Bob who wrote (4930)11/21/2002 3:59:55 PM
From: DanWebzster  Respond to of 19256
 
Arnie Alsin likes AMTD as a value
He has featured it compellingly in his turnaround report.
He believes it has economy of scale with Datek purchase.
I wouldn't take a position either way in AMTD



To: Smiling Bob who wrote (4930)11/25/2002 12:23:23 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
ET
A phone call there revealed interesting antics after receiving confirmations for trades I hadn't authorized.
Seems they are going ahead and liquidating inactive accounts in order to cover their recently added "inactivity fees"
They even sold holdings that were literally worth .01 cent
My bet is they didn't sell, but transferred into their own account
They even charged commissions.The thousands I paid in commissions a couple of years ago weren't enough I guess

Just ckd another ET online account.
Seems to cut costs, they log you out after about 10 minutes. "For your protection"
Yeah, that feature that would entice me trade with them again!!!



To: Smiling Bob who wrote (4930)12/11/2002 2:56:13 PM
From: Smiling Bob  Respond to of 19256
 
AMTD remains a nice short.
4.9 x 91
Daytraders turning into armed robbers kind of shows you AMTD future.
ET has gone down even further. I figured their expansion into banking may have helped somewhat cushion the blow.

Message 18260137
To:Jon Scott who started this subject
From: scottonstocks Thursday, Nov 21, 2002 1:46 PM
View Replies (3) | Respond to of 5070

AMTD- short and long term short @ 5.34 bid
ET 5.71 bid for day
When do we expect online trading to recover??



To: Smiling Bob who wrote (4930)12/23/2002 3:24:58 PM
From: Smiling Bob  Respond to of 19256
 
skip



To: Smiling Bob who wrote (4930)12/23/2002 3:26:57 PM
From: Smiling Bob  Respond to of 19256
 
AMTD back up over original short
Risk/reward says ripe again 5.33 bid

Message 18260137


Message #4930 from scottonstocks at Nov 21, 2002 1:46 PM

AMTD- short and long term short @ 5.34 bid
ET 5.71 bid for day
When do we expect online trading to recover??



To: Smiling Bob who wrote (4930)2/13/2003 10:21:31 AM
From: Smiling Bob  Respond to of 19256
 
Schwab Jan. Trading Falls, Feb. Weaker
Thursday February 13, 9:15 am ET

SAN FRANCISCO (Reuters) - Charles Schwab Corp. (NYSE:SCH - News), a top discount brokerage, on Thursday said its January average daily trading volume fell 19 percent from a year earlier and trading levels this month have been even lower.
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Schwab said it processed an average of 126,300 revenue trades per day in January, excluding mutual fund trading, down 19 percent from January 2002 but basically unchanged from December 2002.

"Client trading activity thus far in February ... has reflected heightened geopolitical concerns," co-Chief Executive David Pottruck said in a statement. "Daily average revenue trades for the first seven trading days of February totaled 103,000."

Total client assets were $758.4 billion at the end of January, down 10 percent from a year earlier and down 1 percent from the end of December, as major stock indexes have fallen.

The company pulled in $4.2 billion in net new money during January.

Last month, the company said its fourth-quarter loss widened sharply as costs related to the layoffs were compounded by soft trading revenue.

To cope with declining revenue, the company has cut costs aggressively since the beginning of 2001, slashing 35 percent of its staff. San Francisco-based Schwab cut 1,800 jobs during the fourth quarter, bringing its ranks to 16,700.

Schwab shares closed at $7.85 in Wednesday trading on the New York Stock Exchange (News - Websites).

biz.yahoo.com