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Non-Tech : A.B. WATLEY - THE ULTIMATE TRADER! -- Ignore unavailable to you. Want to Upgrade?

To: Rick Faurot who wrote (528)	1/28/1999 8:37:00 PM
From: tom pope	Read Replies (1) \| Respond to of 2045

>>Are you using both MBT and Watley? << I use both, and am happy with both, but my main account is with MBT just because that's the one I started with, and the full version of RealTick is with MBT. So the bulk of my trading is with MBT. With ABW I just subscribe to the Silver level. I haven't been unhappy recently with lagging quotes from MBT, tho there was a period a little while ago when quotes did lag at the open. Now the trades may be out of sync but the bid/ask seems to be accurate. Bear in mind that I seldom trade at the open - one exception was yesterday where I sold some MSPG at the open (:-( - with no problems - the bid I hit was the price I got. The only other recent example was the day after the first IMON frenzy where I sold twice into accurate bid/asks. I just accept that the reported trades may be way late - they're history anyway, no matter how up-to-the-minute they may be. If I don't use ABW more, it's largely because two versions of RealTick cannot co-exist on the same operating system. (Believe me, I even e-mailed Townsend - saying "you gotta be kidding" and they told me yes, it's true, and there's no fix) - so you have to choose one or the other to reside on your primary machine. So ABW is on my laptop and I enter ABW by accessing a second ISP thru the home phone line when I want to place a trade. Convoluted, and another reason why I don't use ABW more. Brett, if you're listening, can't you persuade Townsend to write a fix that allows co-existence between its various users? BTW, how does ABW communicate a margin call? I went into my account today for the first time this week and found 3000 worth of negative excess equity. Sounds like I should have received a call, but I didn't.

To: Rick Faurot who wrote (528)	1/29/1999 6:25:00 AM
From: john o	Read Replies (1) \| Respond to of 2045

I was thinking of getting an account at MBT vs ABW based on price. My interest in an account is strictly for daytrading and reliable consistent access. Your remarks concerning lagging quotes makes me hesitate because this is essential. Do you think the problem could be your ISP or processor? What kind of connection do you have to the internet? Is this the reason for the lagging quotes? Also, what is your processor speed? I sometimes have problems with my notebook (pentium 133) because it cannot keep up with streaming quotes. Any feedback would be appreciated.