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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Don Pueblo who wrote (5082)1/4/1999 5:40:00 PM
From: Paul A  Respond to of 90042
 
Great post! I believe it was a positive post by Tim that got me to look into A B Watley and I have spent the last 3 weeks trying to get everyone to convert over to them.. Not only are they very professional when dealing with them over the phone re:problems/concerns, but execution speed is incredible. I believe Tim uses a cable modem, but for some un Godly reason my town dosnt offer it so im stuck with a standard 56k connection which is still fantastic.. I traded UBID at the end of the day today, in/out, executions came back as fast as I entered them and if you plan on playing an internet with some degree of accuracy, you need speed.. otherwise its a pure gamble.

The only negative is the commission which can really add up.. also, some ECNS charge a bit more and you get a surprise when you see your statement and see an extra $10 spot deducted.. So far this hasnt been a problem since last month I increased my monthly percentage on gains by about 15% and my account wasnt established until nearly mid month. It dosnt make you a better trader having all the bells and whistles but its always nice to be able to act on your decisions the second you see something happening..

Tim, did you see TLAB today? 2 times I had my finger on the trigger to buy this afternoon but couldnt.. it was weak all day but especially near the end.. This is another stock that usually goes up or down before news is actually released so thats something to keep in mind..

Im PRAYING we get a small selloff or at least a weak open tomorrow so I can nibble at ASND.. This will be a great earnings play...

Didnt have the guts to stay in UBID for cnbc runup, and as usual it went up in after hours without me...

Great day today all in all..



To: Don Pueblo who wrote (5082)1/4/1999 6:39:00 PM
From: Dave  Read Replies (1) | Respond to of 90042
 
TLC,

Thanks for the insight..makes a lot of sense. I know I am headed in that direction and will probably take the step this year. One consideration - most of my trading is done at work and I don't know how well this stuff works behind a firewall. I would prefer to draw as little attention to my extracurricular activity as possible. ;-)

Have fun out there!

Dave