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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: Darren who wrote (312)3/2/1998 7:48:00 AM
From: DRRISK  Respond to of 1086
 
LOLROTF. I have never used a broker in my life. I am too suspicious.
Anyway who wants to depend on a broker to screw up when I do it so well myself :o)
DrRisk



To: Darren who wrote (312)3/2/1998 9:39:00 AM
From: Jay Morrison  Read Replies (2) | Respond to of 1086
 
<<Are you telling me that the valuable opinion of a Merrill broker is worth $220 per ticket? Yawn.>>

That is the best statement I've read here in weeks. :-) But even Merrill is getting wise to this. I was one of those Merrill brokers charging $220 for my opinion. Merrill Lynch's management thinks that commissions from stock trading is heading for zero cost. They actually think that all stock trading will be free within 3 years. That is why they are making a huge push into asset management and charging fees. You hand over all your money to a complete stranger and they charge you 1% to 3% per year, every year, for the privilege.

Jay



To: Darren who wrote (312)3/2/1998 1:11:00 PM
From: ExCane  Read Replies (1) | Respond to of 1086
 
Darren-
Workes of the world unite! Listen, my comment about brokers was not about research, but about execution on 5 figure and larger positions, if you read it.
-Alex