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To: Thean who wrote (15545)	3/19/1998 5:27:00 PM
From: JZGalt	Respond to of 95453

This kind of reinforce the thinking that buying at the open is a NO NO. I almost ready to come to the same conclusion. Have you noticed that there is a window of 15-30 minutes after the market opens that a hot stock will weaken even if the eventual trend is higher for the rest of the day? BTW, glad you are having good luck with Datek. Modifying an order at Waterhouse is extremely dangerous if the servers are slow and the markets are moving since the order must be "reviewed" by a human before the modification goes thru. Ugh! I've been burned a few times on that one.

To: Thean who wrote (15545)	3/19/1998 6:48:00 PM
From: shadowfax	Respond to of 95453

Have been using Datek for a long time and have always been real happy. I have a friend that trades also and has a t1 going inot his office. sometimes we trade on different computers in the same office and I will always get a better, quicker fill on Datek, sometimes by as much as two minutes. On that wonderful day in October, I was getting quotes and making trades and he was just sitting there watching his stock go down using my quotes. Also I can get quotes on up to 20 stocks at a time while he gets just one, and to top that off, my quotes are free and he has to pay after he uses his freebies for trading.

To: Thean who wrote (15545)	3/19/1998 9:09:00 PM
From: SJS	Read Replies (1) \| Respond to of 95453

Thean: You got a bead on the idea. It does work and saves bucks each turn. It's serious money, those 1/8 and 1/4 after a year of trading. Let's say you save 1/8 each time you do this. If you do 100 trades a year, it's $1250 of pure saving. Better in my pocket than a MM's. For those folks that think it can't be done, don't take our word for it. Just try it. You'll be amazed how successful you will be. 1) Use a limit order ever time 2) Try bidding 1/16 higher that the shown bid to buy 3) Try offering 1/16 lower than the shown ask to sell If it doesn't work, go back to your old method of market orders....