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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (15014)11/22/1997 1:27:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 50167
 
>we'll all be saying some time next year, "Geez why didn't I buy that damn stock at 35!!!!"<

Or why didn't I wait and pick it up at 15 in Jan. you are in a wave 3 down pattern with a long way to go on fibonacci predictions.

Full service or discount, phone or internet does not eliminate errors in the system.



To: Jerry Olson who wrote (15014)11/22/1997 1:47:00 PM
From: KM  Read Replies (1) | Respond to of 50167
 
OJ <<These on line brokerage joints are costing people a LOT of hard earned money!!!!>> That's why I'm short EGRP (ETrade): sooner or later they're going to figure that out!



To: Jerry Olson who wrote (15014)11/22/1997 2:16:00 PM
From: Cyrus  Read Replies (1) | Respond to of 50167
 
Options Jerry.
Here is a recent article which I thought made for good reading, regarding next year.
Darrell

southam.com



To: Jerry Olson who wrote (15014)11/22/1997 2:19:00 PM
From: broken_cookie  Read Replies (1) | Respond to of 50167
 
Hi Jerry,

>>>These on line brokerage joints are costing people a LOT of hard earned money!!!!

I couldn't agree more. How many times have you heard, even from some regulars at TSO, "that messed up trade cost me $3500. Well that's more than you saved all year using Joe's burgers and online trading.

And its not any faster or even as fast. I've got a SB broker (same as you, right?) and I hit a speed dial number and say Dave, this is rich, I want to Buy/sellblahblah at blah/blah. I get confimation instantly if I want to wait or within a couple of minutes via return phone call for limit orders. Guy has my account number handy so I dont even have to spit that out. It's not cheap but it's not expensive either - not penny wise and pound foolish. I've toyed with the idea of opening an on-line account for awhile and have literature at home from a few of them but I never take the plunge.

And I can't even imagine not knowing if a trade executed 6 hours later when there's been huge movement in the stock.

My broker doesn't discuss trades with me like yours though, he just takes orders. Could you email me a little info on your guy's costs and account size requirements? He sounds on the ball. If you can't that's cool too.

That guy that downgraded 15 semi's today is a hoot huh? Doesn't mean they have bottomed though. Amat's report was neutral overall so I guess we'll wait for Dell.

Take care



To: Jerry Olson who wrote (15014)11/22/1997 9:50:00 PM
From: AlienTech  Respond to of 50167
 
>>These on line brokerage joints are costing people a LOT of hard earned money!!!!<<

Dont I know it!!!
I was actually out of the market just before the top.. But like a lot of others got back in for god knows why. Just coudnt help myself. Ofcourse 2 days later everything hit the fan. Just now getting back some of the losses. Forget about making back the gains but its better to not loose everything. Slowely but surely I am creating cash so I can move. I got abwatley now but its not setup fully.. Maybe I'll like that steve goldman guy.. At least he seems to know whats going on on SI and how we do things. I didnt like alex brown at all which is why I went to etrade boy was that the biggest mistake of my life!..

Semi's.. Some of these ANAL-ists think they know more than the companies themselves. Unbelivable.. Merryl Lynch for once had the balls to say that a lot of companies earnings estimates for next year were conservative as they took into account a lot of the south east asian problems into account, especially S.Korea. I think any moron with a business degree that passes college in the lowest 10% of the class can become a Top ANAL-ist. I could go into detail about how these men and women are getting customers to go to them with sensual favors but I think it would be a tad risky for a place like SI. I just cant belive that these crooks can do these things for this long and get away with it. Still amazed they are recommending AMZN.. A company which will loose money for the next 3-4 years going for 50+.. No wonder politicians get away with so much..