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

To: Michael Turner who wrote (812)	3/13/1999 11:41:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 2045

To anyone: I have a question about the ABWatley commission schedule. I understand that a commission adjustment is made on a retroactive basis when one goes over a certain number of trades. This at least works up to 399 trades, for a retroactive rate of 16.95 per trade. However, what does ABW mean when it says that "Trade charges with an asterisk are not retroactively applied."* The asterisk is affixed to rates of 14.95, 13.95 and 12.95 for trades over 400, 500 and 600 respectively. I'm guessing that this means that, say, the $12.95 rate applicable to 600+ trades per month is only applicable to those trades that are over 600 (and not to the earlier trades)? It of course would be much better if the 12.95 rate were applicable to all 600 trades. Anyone know? Thanks in advance, Gary Korn