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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Morpher who wrote (6502)	1/28/1998 5:38:00 PM
From: Spots	Respond to of 16892

>> It is quite possible to split the spread with Datek on all exchanges True, their claim to fame. I've done it often (though I'm not active enough for "hundreds"). For me, only NASD though. >> Whether your inside the spread order gets filled depends on many factors but the fact that many investors are still conditioned to buy at the ask and sell at the bid in all situations is pretty sad. Sad indeed. It doesn't take many inside fills (say, about one) to realize how you've been had all these years. I still get a thrill when I put in a limit in the spread and see it move the bid or ask. I guess I'm easily impressed, but I'm impressed.