Go to Jeff Salisbury LWGate Home Page.From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] Schwab Sux
Date: Thu, 07 Mar 2002 10:39:07 -0600
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Tim, that charge isn't for active traders. I wish you luck at E*Trade =
because I had nothing but trouble when I used them (very poor order =
fills and at least one accounting error per month) until
the summer of 2001.
I'm a very happy Schwab customer and only pay $14.95 per trade because =
I'm an active trader.=20
They also provide Level II and Street Smart Pro at no extra charge.
Active Traders Trade Equities for as low as $14.95!
Through Schwab's tiered pricing, consistently Active Traders can get =
consistently lower commissions with equity trades for as low as $14.95 =
per trade including limit and Nasdaq orders.
Schwab's Active Trader Commission Discounts Pricing for Equity Trades* =
Up to 30 Qualifying Trades* 31-60 Qualifying Trades* 61 or More =
Qualifying Trades*=20
1,000 shares or less $29.95 per trade=B9 $19.95 per trade $14.95 =
per trade=20
More than 1,000 shares $.03 per share $.02 per share $.01 per =
share or $14.95, whichever is greater=20
*per account per quarter=20
Get Discounted Pricing on any of our Automated Trading Channels
Now Schwab has the same low commissions for equity trades placed through =
any automated trading channel. So whether you use schwab.com, =
StreetSmartProT, VelocityT, Telebroker=AE, Schwab by PhoneT, or =
PocketbrokerT Service, you can enjoy equity trade commissions as low as =
$14.95 limit orders on all exchanges.
----- Original Message -----=20
From: Tim Fisher=20
To: canslim@lists.xmission.com=20
Sent: Thursday, March 07, 2002 9:50 AM
Subject: [CANSLIM] Schwab Sux
I was never that happy with my Schwab 401k account, and now they have =
added=20
the straw that broke the camel's back. Seems they now charge a $3.00=20
"handling fee" on both ends of their already expensive commissions =
($29.95;=20
the former volume discount is gone). I am pulling it and giving it to=20
Etrade today. The worst thing is, it's a new fee as of March 1 and =
they=20
didn't even have the courtesy of notifying me. Just slapped it on. If =
I had=20
known I would have opened an Etrade account immediately, which I guess =
is=20
why they didn't tell anyone.
Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS">Tim, that charge isn't for active =
traders. I=20
wish you luck at E*Trade because I had nothing but trouble when I used =
them=20
(very poor order fills and at least one accounting error per month)=20
until</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS">the summer of 2001.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS">I'm a very happy Schwab customer and =
only pay=20
$14.95 per trade because I'm an active trader. </FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS">They also provide Level II and Street =
Smart Pro=20
at no extra charge.</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT size=3D4><FONT color=3D#336699><FONT face=3DArial><SPAN=20
class=3Dbluehead><B>Active Traders Trade Equities for as low as=20
$14.95!</B></SPAN><BR><IMG height=3D8 alt=3D""=20
src=3D"http://www.schwabat.wallst.com/gif/schwabsignature/activetrader/px=
_white_FFFFFF.gif"=20
width=3D1 border=3D0><BR></FONT></FONT></FONT><SPAN class=3Dcopy><FONT =
size=3D2><FONT=20
face=3DArial>Through Schwab's tiered pricing, consistently Active =
Traders can get=20
consistently lower commissions with equity trades for as low as $14.95 =
per trade=20
including limit and Nasdaq orders.<BR><BR><B>Schwab's Active Trader =
Commission=20
Discounts</B></FONT></FONT></SPAN>=20
<TABLE cellSpacing=3D0 cellPadding=3D3 width=3D300 border=3D1>
<TBODY>
<TR>
<TD class=3Dcopysmwht vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#336699><B>Pricing=20
for Equity Trades*</B></TD>
<TD class=3Dcopysmwht vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#336699><B>Up to 30=20
Qualifying Trades*</B></TD>
<TD class=3Dcopysmwht vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#336699><B>31-60=20
Qualifying Trades*</B></TD>
<TD class=3Dcopysmwht vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#336699><B>61 or=20
More Qualifying Trades*</B></TD></TR>
<TR>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>1,000 shares=20
or less</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$29.95 per=20
trade=B9</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$19.95 per=20
trade</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$14.95 per=20
trade</TD></TR>
<TR>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>More than=20
1,000 shares</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$.03 per=20
share</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$.02 per=20
share</TD>
<TD class=3Dcopysm vAlign=3Dcenter align=3Dmiddle =
bgColor=3D#ffffff>$.01 per share=20
or $14.95, whichever is greater</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=3D0 cellPadding=3D3 width=3D300 border=3D0>
<TBODY>
<TR>
<TD class=3Dcopysm align=3Dright>*per account per=20
quarter</TD></TR></TBODY></TABLE><BR><SPAN class=3Dcopy><FONT =
size=3D2><FONT=20
face=3DArial><B>Get Discounted Pricing on any of our Automated Trading=20
Channels</B><BR>Now Schwab has the same low commissions for equity =
trades placed=20
through any automated trading channel. So whether you use schwab.com,=20
StreetSmartPro=99, Velocity=99, Telebroker=AE, Schwab by Phone=99, or =
Pocketbroker=99=20
Service, you can enjoy equity trade commissions as low as $14.95 limit =
orders on=20
all exchanges.</FONT></FONT><BR></SPAN></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DTim@orerockon.com href=3D"mailto:Tim@orerockon.com">Tim =
Fisher</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, March 07, 2002 =
9:50=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Schwab =
Sux</DIV>
<DIV><BR></DIV>I was never that happy with my Schwab 401k account, and =
now=20
they have added <BR>the straw that broke the camel's back. Seems they =
now=20
charge a $3.00 <BR>"handling fee" on both ends of their already =
expensive=20
commissions ($29.95; <BR>the former volume discount is gone). I am =
pulling it=20
and giving it to <BR>Etrade today. The worst thing is, it's a new fee =
as of=20
March 1 and they <BR>didn't even have the courtesy of notifying me. =
Just=20
slapped it on. If I had <BR>known I would have opened an Etrade =
account=20
immediately, which I guess is <BR>why they didn't tell =
anyone.<BR><BR><BR>Tim=20
Fisher<BR>Ore-ROCK-On Rockhounding Web Site<BR>Owner, Fisher =
Fisheries,=20
Ltd.<BR><A =
href=3D"mailto:tim@OreRockOn.com">mailto:tim@OreRockOn.com</A><BR>WWW=20
<A =
href=3D"http://OreRockOn.com">http://OreRockOn.com</A><BR><BR><BR>-<BR>-T=
o=20
subscribe/unsubscribe, email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your email.</BLOCKQUOTE></BODY></HTML>
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Next Article (by Subject): [CANSLIM] Stock Screener "Duke Miller"
Previous Article (by Subject): Re: [CANSLIM] Schwab Sux dave.bigham@us.abb.com
Top of Thread: [CANSLIM] Schwab Sux "Tim Fisher"
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