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To: Ariella who wrote (2499)1/10/1999 12:27:00 PM
From: Michael Berkel  Read Replies (1) | Respond to of 5102
 
Huge gains for Schwab (SCH) and Knight (NITE)

Cyberspace brokers are handling record trading volumes as investors
flock to the Internet to buy and sell into the red-hot stock market.
Online broker Schwab (SCH) for example registered a record 55 million hits on its Internet site last Thursday.

Market making company Knight (NITE) will also greatly benefit from
the increase in trading volume, an increase of more than 100% compared with last year. NITE is executing orders from online brokers such as
EGRP and Ameritrade.

I have invested my money in those two companies because I believe
that there will be a great earnings surprise, once these companies
report. Why Schwab? Because they are the leader in the online
brokerage group and have real earnings and are cheaper valued
than EGRP. SCH trades at 85 times earnings.
NITE is the only publicly traded Market Making company in the USA.

Enjoy the ride!
Michael B.



To: Ariella who wrote (2499)1/10/1999 2:38:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 5102
 
Ariella, can you recommend a web site that teaches you how to read Level 2 for someone new to Level 2? I am not home to trade but i want to learn about it at some point soon to perhaps use in the future ...

Thanks in advance,
Mark



To: Ariella who wrote (2499)1/10/1999 5:27:00 PM
From: KM  Respond to of 5102
 
I use MB Trading, which has free Level 2 if you do a certain number of trades, as well. Terrific system. I'd be afraid to daytrade stocks like this without it.