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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: lebo who wrote (21072)1/1/1999 7:45:00 PM
From: apowell  Read Replies (1) | Respond to of 120523
 
havent tried them however stay clear of suretrade. Getting ready to try freedom for my otc trades(any comments appreciated) However IMHO if you are only interested in nasdaq, ny, and amex, then DATEK can not be beat.



To: lebo who wrote (21072)1/1/1999 8:10:00 PM
From: TWICK  Respond to of 120523
 
A.B. Watley abwatley.com

It's that simple.

TWICK



To: lebo who wrote (21072)1/1/1999 10:02:00 PM
From: Scott  Respond to of 120523
 
I have a friend that wants to open a brokerage account and heard that E-Trade is
excellent. Does anyone have any feedback as to the validity of this claim? Do you
have any suggestion for a good online broker?


I have accounts at Etrade and Datek. I also tried MB Trading earlier this year when I was doing very rapid trading (or very rapid losing-money, in other words).

Etrade costs more than Datek. It's advantages are: it has Options trading; it allows Stop orders on listed stocks (Datek only allows stops on NASDAQ stocks); for frequent traders, it has a Java dynamic quote and Level II system that is free (but I use Mytrack for that).

Datek will get you faster representation (on ISLD), but Etrade will represent you as a real Market Maker, usually NITE or HRZG. For a fast trading stock, being hit by the daytraders, Datek probably gets you better fills. For slow moving stocks, being represented by a market maker means that you will get filled more easily. I've had problems, though, with certain orders on Etrade taking too long to show up on Level II, and slow confirms on some stocks.

Datek has express servers that let you enter orders without confirmation screens. It is much faster than Etrade.

Etrade lets you change an order, but Datek requires you to cancel it and reenter it after the cancel is confirmed.

Datek tends to have much better availability of stock to short, if you're into that.

They both have their good and bad points. I tend to favor Datek because of the lower commissions, and the easier order entry.



To: lebo who wrote (21072)1/1/1999 10:49:00 PM
From: Ken Whiteside  Read Replies (1) | Respond to of 120523
 
I have accounts with etrade, witcapital, and dljdirect. Etrade at times proves useless as it's web interface is frequently slow just moving from screen to screen and sometimes you can't even log in. I got the wit and etrade account because they give you a chance at ipo's. It's a slim chance that I haven't capitalized on as of yet. Many think that you may get 100 shares if it's a lower grade ipo. If it's hot the little guy rarely sees anything. Of the three I find myself relying on dljdirect all day long. The have a true windows program that gives me the fastest real time quotes, flexible trading, good research, nice portfolio's, and a ticker too.



To: lebo who wrote (21072)1/2/1999 1:13:00 AM
From: Kenneth R Miller  Respond to of 120523
 
I like Datek for their fast executions (2 seconds) and real time portfolio balances 9.99 per trade