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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Dell-icious who wrote (973)	9/1/1998 9:31:00 PM
From: fred woodall	Read Replies (2) \| Respond to of 7382

This might help. Yesterday I tried selling 1k DELL four different times. (1 ISLN,3 ARCA) without success. As the stock continued to tank I picked up the phone and issued a market order to sell. They managed to get it sold: (100 at 107 11/16--300 at 107 «--600 at 107 13/32) The market order to sell cost me $22.95 X3=$68.85 for a round trip cost of $91.80. Yes the market was volatile yesterday and apparently no one wanted to buy up my shares so I can only conclude when the markets shaky don't trade volatile stocks.

To: Dell-icious who wrote (973)	9/1/1998 9:32:00 PM
From: Shaquapa	Respond to of 7382

Fills were somewhat slower when volume was RIPPING. Was able to short DELL and INTC early on, but there was so much volume going on at once that I didn't expect "normal" fills. On the whole though, it was my most profitable day trading day!!!

To: Dell-icious who wrote (973)	9/1/1998 10:06:00 PM
From: Kris	Respond to of 7382

Dell, when you short, it has to be on an uptick, and that's sometimes pretty hard to do when the market is in a dive.

To: Dell-icious who wrote (973)	9/1/1998 10:33:00 PM
From: William W. Dwyer, Jr.	Respond to of 7382

I think you might be well advised to consider changing from E*Trade for a multitude of good reasons, including those you mention here. Not for serious daytrading, imho. I consider the cost of a good broker more an investment than an expense. Not a good place to cut expenses beyond a certain point. A good broker is worth paying for. Find the broker you like and pay whatever it costs. Then, you can complain about the market instead of complaining about your broker. Right?? However, that being said, on some days (like today) almost anything is impossible, regardless of one's broker. If you decide to trade on a day like this you must assume additional risk. Bill