Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: peter michaelson who wrote (772)	11/13/1998 4:57:00 AM
From: Dr. Harvey	Read Replies (1) \| Respond to of 2076

That is precisely the answer; Waterhouse is NOT for traders, simply for investors, and market orders with those guys can and will kill you, unless you do it by phone for $40.00. I will be trying E-Dreyfuss for a while, since they credit your account $75.00 per month towards the Level II feed, and also because I am not an active day trader; I am active, but my trades are fewer than 15 per month.

To: peter michaelson who wrote (772)	11/17/1998 3:50:00 PM
From: Dave Hanson	Read Replies (3) \| Respond to of 2076

Can any of you help explain the following? Today I had the best bid on PWRH for upwards of an hour (11 5/16) without getting represented in the market (bid was listed at 11 1/4.) Lately, Waterhouse has been better about giving me market representation on smaller NASDAQ stocks--this was the first time in 4 or 5 occasions that didn't happen. I called an the account officer while the order was still live, and he indicated that I was only gaurenteed representation when dealing with a big NASDAQ stock. My understanding was that this was true a year ago, but now anyone with a round lot on any NASDAQ stock should be represented if they have the best bid or ask. (This guy also admitted he wasn't too up on the details.) Can anyone else shed light on this? Regards, Dave