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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (8092)4/20/1998 7:33:00 PM
From: Judy  Read Replies (1) | Respond to of 120523
 
Yep, Chateau Souverain '96 chardonnay is nice. Schwab caused me some stress today also ... I was short calls, expired on strike last Friday and had no idea whether I was assigned or not. Could not get an order status until shortly before market close. And as such, missed out on some planned flips ... for I will not flip blind and not in control.

However, Schwab is NOT incompetent relative to the horrors that have been perpetrated by other brokerages. But as any brokerage, they can be subject to random system-wide problems and one's trading strategy should include a contingency plan for that.



To: tom pope who wrote (8092)4/20/1998 7:39:00 PM
From: Nancy  Respond to of 120523
 
for you serious traders, go to brown for flipping.

brown's website is super fast as comparing to e-schwab's. commission is only $5 for market, $10 for limit.

brown is great for quick trades, particularly for stocks requires tight stop. A stop out on Brown, can still get me taco money, a stop out on Schwab usually either breakeven or lost commission ($60)

AVEI is ugly today.



To: tom pope who wrote (8092)4/21/1998 12:15:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Tom..I am sorry to hear such a "nightmarish experience". I never have any kind of problems like that with AB Watley, but then I don't usually trade in increments of 1,000 shares. I'm wondering if the speed that AVEI dropped had anything to do with this. Friday morning, casually watching AVEI knowing that I missed the boat I noticed that within minutes the entire 4 point gain vanished. Thinking somehow it was 'temporary' I got back in at an amazing price lower than the price that it closed on Thursday. Throughout the day I watched it try to improve and I was NOT able to sell my shares for the 1 1/2 profit that I would have made but finally got out with about 5/8.. This morning I was more cautious, I decided to get in when the trend was established and I thought I would wait a full 45 minutes or more.. I watched the volume and tick.. same thing happened...AVEI started to tank again. Because you said this happened to you in another stock as well, I am convinced this had nothing to do with the weird gyrations of AVEI alone.

I was having a similar problem with Lombard brokers about 1 year ago and that's when I changed to AB Watley. I still maintain a datek account and Hambrecht & Quist Account for my long term portfolio. You can't let this go by. Maybe some posters of the thread can help with some ideas.