Re: [CANSLIM] online brokers

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] online brokers
Date: Tue, 19 Nov 2002 23:01:11 -0500

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Hi Robin,

My accounts are with Schwab, but if you plan to use margin, I would not
recommend them. I can't count the number of times their maintenance
requirement on a highly liquid stock priced in the high teens or low
twenties, and optionable to boot, was 100%. I have complained, and the only
time I won, it took me over four months of barraging them with emails, as
well as contact from the company I was trying to buy on margin, before they
finally were willing to margin it. Their excuses, in my opinion, were pure
B.S.

- ----- Original Message -----
From: "Robin Gridley" <gridley02@earthlink.net>
To: "CANSLIM" <canslim@lists.xmission.com>
Sent: Tuesday, November 19, 2002 6:18 PM
Subject: [CANSLIM] online brokers


I'm looking to (re)open an online trading account.
My original account was with eTrade, and I guess I
could go back to them. Have also looked at Datek/Ameritrade,
as well as Schwab's online service (CyberTrader Pro looks
REALLY REALLY cool... but I'm not sure I'm ready for
something that requires a 228 page manual....) Is
the additional research you can get through Schwab
worth it? Any feedback would be appreciated.


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