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Hi, Realtraders:
I was just told by Telemet that they are discontinuing service on their
fm sideband data service for 15-min delayed data service in the San
Diego area. It was a good deal for the money ($33/mo, all markets) but
is now gone. I need to replace it with something economical.
Here is how I use it. I trade futures options, often selling spreads,
and need to know where the futures market is in case I need to adjust my
position, or bail. I run a business and can't be on my computer in the
market all day long. With the Telemet unit I could set a limit alarm on
any future or option price (only really worked with futures, as options
did not update nearly frequently enough) and get an audible signal that
I need to look things over (eg call my broker for a quote, dial in to
the web, whatever...) I really only need that alert that I can set for
futures prices, above or below the current price. Of course, I also
need to know what market passed a limit. Telemet did not even tell me
which way the market was trading till I punched in for a quote. But it
would be nice to know at once where the market is heading.
Do any of you know of a substitute for this "price penetration alert"
function? There are a couple of services for stock traders that use
alpha pagers. This would work, but I have not found one yet that does
futures... QuoTrek is far too expensive. I don't really need realtime
day that much. If you have any ideas, I would really appreciate some
referrals. I know Trade Station has a page alert software module. I
have the WSA package from Omega, which I love, but don't need the full
Tradestation package. I'd never use the system testing capability that
makes it so expensive. But if I could get that pager alert module some
other way....ahhh, maybe here is an avenue...
You can email me directly or through the list: I'm at
jpierce1@xxxxxxxxxxxx Again, thanks for any ideas you may have...
Happy Trading!
John
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