Re: [CANSLIM] Schwab Sux

From: Kent Norman <kent_norman@yahoo.com>
Subject: Re: [CANSLIM] Schwab Sux
Date: Thu, 7 Mar 2002 13:41:58 -0800 (PST)
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I have used Datek for a couple of years. Pretty good.
I use quotetracker and it's link to Island. Many times I can see my
trade fly by. I use a 56K modem and many executions happen within 15 to
30 seconds If I price at the market rate.

Regards
Kent Norman

- --- david frank <camelot.homes@charter.net> wrote:
> I use Schwab too-no real complaints. I  been  curious about Datek-do
> they
> really have fast executions? How about Cybertrader does anyone use
> them? How
> about the comparison between Datek and Cybertrader? David
> ----- Original Message -----
> From: "Rob Miller" <rmiller2@carolina.rr.com>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, March 07, 2002 10:57 AM
> Subject: Re: [CANSLIM] Schwab Sux
> 
> 
> > I use Brown and Datek and love them both.  I've been using Brown
> for
> years.
> > Commissions are cheap ($5 market, $10 Limit) with no add on
> charges, fills
> > are instant, website is extremely reliable and fast.  I've never
> had to
> call
> > and place a trade, but when I have called they pick up very fast. 
> Short
> > supply is excellent.  I like for my broker to basically be
> invisible to
> me.
> > In other words, I can do what I want when I want without any
> headaches.
> > That's Brown.  I'm new to Datek, which is where I have my IRA
> accounts.
> > Very satisfied so far.  Love the real time streaming quotes.  I use
> Medved
> > Quotetracker which I can link to Datek.  You can even trade through
> Medved.
> > I couldn't be happier with my choices.
> >
> > I've never noticed any problems with bid/ask spreads.  I'm usually
> watching
> > real time quotes when I trade and I can see my trade instantly.  It
> goes
> off
> > at the ask, which is what I want.  Limit orders also work great.
> >
> > Rob
> >
> > ----- Original Message -----
> > From: <dave.bigham@us.abb.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Thursday, March 07, 2002 11:23 AM
> > Subject: Re: [CANSLIM] Schwab Sux
> >
> >
> > >
> > >
> > > This brings up a slightly off-topic question.  What discount
> on-line
> > brokers are
> > > "acceptable" or good?  Are there any hidden costs? I have heard
> things
> > like some
> > > may have higher bid-ask spreads and thereby make up for low
> commissions
> > that
> > > way.
> > >
> > > Any other thoughts are welcome.
> > >
> > > Dave Bigham
> > >
> > >
> > > |---------->
> > > |          |
> > > |          |
> > > |---------->
> > >
> >
>
>------------------------------------------------------------------------|
> > >   |"Tim Fisher" <Tim@orerockon.com>
> > |
> > >   |03/07/2002 10:50 AM
> > |
> > >
> >
>
>------------------------------------------------------------------------|
> > >
> > >
> > >
> > > Please respond to canslim@lists.xmission.com
> > >
> > > To:   canslim@lists.xmission.com
> > > cc:    (bcc: Dave Bigham/USINY/ABB)
> > > Subject:  [CANSLIM] Schwab Sux
> > >
> > > Security Level:?         Internal
> > >
> > >
> > >
> > > I was never that happy with my Schwab 401k account, and now they
> have
> > added
> > > the straw that broke the camel's back. Seems they now charge a
> $3.00
> > > "handling fee" on both ends of their already expensive
> commissions
> > ($29.95;
> > > the former volume discount is gone). I am pulling it and giving
> it to
> > > Etrade today. The worst thing is, it's a new fee as of March 1
> and they
> > > didn't even have the courtesy of notifying me. Just slapped it
> on. If I
> > had
> > > known I would have opened an Etrade account immediately, which I
> guess
> is
> > > 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
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > -
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> > >
> >
> >
> >
> > -
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> 
> 
> -
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