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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Spartex who wrote (19864)1/29/1998 5:26:00 PM
From: Don Earl  Read Replies (2) | Respond to of 42771
 
Hi Quad-K,

Thanks for the info. I've looked at Schwab before, the problem with them is the commission will eat you alive if you do a lot of trades and they don't offer direct trading. 2-3 minutes is an eternity when you're trying to hit a moving target. If you've ever listened to music on hold while watching 75 cents disappear on a couple thousand shares of something you're trying to buy or sell, it can be pretty frustrating. What I'm looking for is point and click execution and confirmation.

Interesting how the market stumbles every time Greenspan says anything. It doesn't even seem to matter what he says. The funny part is that most of his speeches are ambiguous to the point of being nearly sense free.

I think 8+ by next week is optomistic. It's still having trouble with 7 1/2 and I think it will hit a brick wall anywhere near 8. Would have been a nice pop on a day trade though. I hate missing out when it gets lined up like it was yesterday.

Regards,

Don



To: Spartex who wrote (19864)1/29/1998 6:32:00 PM
From: DJBEINO  Respond to of 42771
 
Quad-K, Don

I was with schwab for the past 8 years before I moved to another broker. schwab has this new rule were stocks under ten (10) dollars is only 35% marginable not the normal 50%. schwab is killing the small invester with there margin calls and more trades just to get more commissions. They made me so mad the last time by selling my shares without warning. I think when a company get so big, they loose thier customer service touch also they get a big EGO!