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Timothy Morge wrote:
> Richard:
>
> Tell me where I can learn more about it?
>
> Thanks.
>
> Tim Morge
Easiest way: www.los.net
They have a demo that you can download and listen for yourself.
>
>
> Richard Josslin wrote:
> >
> > MICHAEL STEWART wrote:
> >
> > > Does anyone receive the internet squawk for the S&P ?
> >
> > I do, for both S&P and Bonds.
> >
> > > If so do you find it
> > > reliable
> >
> > It works for me probably around 95% of the time. The rest of the time, it
> > mysteriously goes silent then later resumes, sometimes in a second or two, less
> > frequently in a minute or so.
> >
> > > and or useful?
> >
> > I believe so, but I haven't found great use for it. Somewhat to my surprise, I
> > find that it and my datastream (BMI satellite) are remarkably synchronous.
> > Remember, however, that the squawk gives bids and offers (not closes) while the
> > datastream gives closes (not bids and offers) - so one can't compare exactly.
> > I just haven't found the datastream to lag as others have - what I've read in
> > vaarious posts by others is an occasional lag (in a fast market) of 20,30,...60
> > seconds. The most lag I've seen is a second or two.
> >
> > One benefit of the squawk is that they routinely comment on the players and the
> > size. So when Dean Witter steps in to buy 1000 cars, as they did today, that's
> > broadcast. Similarly, when the only trading is by the locals and doing ones
> > and twos, that too is broadcast. Much of this, in my opinion, can be inferred
> > straight off the price chart, but with the squawk, there is no doubt.
> >
> > I have yet to hear anyone for whom the squawk made a quantum jump in their
> > profitablility. It hasn't mine - yet, I continue to take it and believe that
> > it is worth it's cost, $100/month, billed quarterly. If there is one or more
> > of you out there for whom the squawk has made all the difference in the world,
> > I sure would like to hear how it's helped --- maybe I just don't know how to
> > take proper advantage of it. In which case, I would very much like to learn.
> >
> > Sincerely,
> >
> > Richard Josslin
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