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Non-Tech : Any Good Real-Time Quote Services -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (404)	8/27/1997 1:54:00 PM
From: SteveG	Respond to of 581

<"close enough to the fastest"> If you see a trend, and you decide to buy 1000 shares, and your quotes are a minute to several minutes behind, such that your market order is filled 1/4 point higher (and this is generous), you have just spent the cost of a real time system - on a generous scenario, and on just a single trade. Or if your quote system goes down for 2 or 20 minutes or your data is incorrect, if only occasionally each month, how can this NOT be more costly than a good, reliable, "real" time system? So I guess I don't get the "close enough" idea. If several minutes doesn't make a difference, why not just use Internet Trader 15 minute delayed for free? It's like horseshoes - it's either accurate real time or it's not. S