To: Brian Lempel who wrote (10324 ) 3/14/1998 5:37:00 PM From: Richard Haugland Read Replies (1) | Respond to of 13456
Brian, Free realtime quotes: I have seen the promotion from Marketguide too but find that the 50 a day would be fairly restrictive for the way I like to watch things and the number of stocks I watch. Based on a tip on this board a long time ago, I opened an account at Lombard (now discoverbrokerage) that gives unlimited free quotes. I believe that their only requirement is a $3000 account but no real activity in it. I do some trading in low priced stocks in it since their charge I believe is a fixed $19.95 for up to 5000 shares. I have not been placing urgent orders with them so can not assess their speed. They send e-mail confirmations of every activity and their software is fairly good. Their daily charts are no longer real-time, as they were for a while. Mostly I still us my Schwab account. their address for quotesclients.discoverbrokerage.com I almost inadvertently went to about 70% cash on my major account last week and less so on the others. Almost everything I owned (NETA, SUNW, EFII, AFFX, PDS, BCHE, EXAC, JBIL) made a jump beyond my sell price and I honestly thought that the market was going to tank during the week due to Indonesian problems (may still). I also sold a lot of CREAF in mid-week but got back in at a lower price late Friday and also got back into part of the SUNW at $43 near the close Friday. NETA and EFII have continued to be extremely strong and I am hoping for a retrenchment to reenter these. JBIL is another matter. I made two profitable trades on this by catching falling knives late in the week that mostly wiped out my losses from purchases a week earlier. If the market is down Monday I may try to get back into JBIL before earnings are out. If it is up I will probably pass up the opportunity. I have never been in CELL yet after just missing getting filled at $17. Now I seem to own only a bunch of languishing losers or stocks that have been stable but with some upside potential. Just not as exciting as day trading.