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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (719)1/19/1999 11:15:00 PM
From: Bob Duncan  Respond to of 1848
 
AugustWest:

I know what you mean. That is interesting to know that Brown was ok this morning, a friend of mine uses them and also says good things. The only other online broker I have yet to hear bad things about is webstreetsecurities - they are the ones with free commissions on trades of 1,000 shares of a Nasdaq stock.

I think I trade about 40 times a month, mostly in my Etrade account. I agree with your comment about shorting internet stocks, however I think some people have gotten themselves into trouble by shorting internet stocks with too much of their portfolio. I am looking at no more than 10% as a hedge against all other long positions (including like internet positions). As I hedge, I THINK AMTD is a better short than Etrade as of today, but then again who knows what they will do with this stock after earnings.

At this point I feel the need to short a little bit just out of principle, because I think if AMTD and EGRP keep screwing up in terms of service word is going to get out that their are other options.



To: AugustWest who wrote (719)1/19/1999 11:19:00 PM
From: Bob Duncan  Respond to of 1848
 
New Power Etrade ad slogan:

"Because seconds matter."

I have never laughed so hard in my life. This is a banner ad from a company that had a site which could not be accessed (for all intents and purposes) between 9:25 and 10:40 today, and whose "special" line for active traders produced a busy signal from 9:15 - 11:30.

What a complete joke. Etrade has a good marketing department, it is too bad they don't have the technical power to match the hype.