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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: richard who wrote (630)	7/25/1998 11:05:00 AM
From: rrufff	Read Replies (1) \| Respond to of 2076

Some excellent comments here. I wonder if the Waterhouse or other outfits read these? Seems like an opportunity for one of the discounters to really step up to the plate and go for the home run. I for one would pay a premium, e.g 25 to get top notch premium service mentioned in one of the earlier posts.

To: richard who wrote (630)	7/26/1998 9:39:00 PM
From: Bill johnson1	Read Replies (1) \| Respond to of 2076

Waterhouse does a pretty poor job for a day trader. by the time one gets a real time qoute and enters the trade the stock price can change alot. I find it sometimes takes 5-10 minutes to enter a trade during the trading day. Day trading for a living takes alot more than $20,000, at least on the East Coast. I would say maybe $200,000 would be more appropriate. I tried day trading with far less and the hazards occur when a Stock your holding is down graded and drops 20-30% at the open of the trading day. Anyway, unless you can live with $20,000 a year income, I would say one needs to invest more or borrow on margin which can be risky. I heard Ameri-trade offers a system that allows one to display multiple realtime quotes, and is faster and entering and confirming orders. Bill