|
PureBytes Links
Trading Reference Links
|
-----Original Message-----
From: Clyde Lee [SMTP:clydelee@xxxxxxx]
Sent: Wednesday, October 29, 1997 7:58 AM
To: eddie Kwong@xxxxxxxxxxxxxxx
Subject: List Malfunction or What
The forwarded messages were sent to list quite
a while ago for one.
I have not seen either of them.
I don't see how I could have missed them if
they were sent to list.
Clyde Lee
From: Clyde Lee <clydelee@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: GEN - Comparison of Brokers Study
Date: Wed, 29 Oct 1997 06:28:10 -0800
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary="---- =_NextPart_001_01BCE44E.CB465F20"
Maybe this link has been reported and I just did not see it.
This comparison was dated 10/12. I would love to see
what was said after yesterday!
http://www.astro.lsa.umich.edu/users/philf/www/discount.html
C. Lee
Since there has been much comment on "price improvement" and you don't
go to the
site above, this is a quote.
PRICE IMPROVEMENT is the attempt by brokers to get you better than the
asked price if you buy, better than the bid price if
you sell, and better than the limit price on limit orders. The following
brokers CLAIM to offer price improvement automatically:
Accutrade, Aufhauser, E-Broker, Ceres, Datek, E-Trade, Jack White,
National Discount, Net Investor, Pacific, Regal, Schwab,
and Waterhouse. Said to offer it on request are Muriel Siebert,
Stockcross, Brown, Fidelity, Lombard (for a fee), Olde, and Quick
& Reilly. There is controversy, and contradictory information, about
price improvement, who offers it, whether they actually give
it to you, etc. At all of the firms who claim to offer it, some
customers say they don't get it. In 1997, Nasdaq will phase in
mandatory price improvement gradually. Until the smoke clears, customers
have to do their own investigations of their own
brokers, who use different systems and different ordering methods to
achieve price improvement - if they do anything at all.
<x-html><HTML>
Maybe this link has been reported and I just did not see it.
<P>This comparison was dated 10/12. I would love to see
<BR>what was said after yesterday!
<BR>
<BR>
<P> http://www.astro.lsa.umich.edu/users/philf/www/discount.html
<BR>
<P>C. Lee
<BR>
<P>Since there has been much comment on "price improvement" and you don't
go to the
<BR>site above, this is a quote.
<P><FONT SIZE=-1>PRICE IMPROVEMENT is the attempt by brokers to get you
better than the asked price if you buy, better than the bid price if</FONT>
<BR><FONT SIZE=-1>you sell, and better than the limit price on limit orders.
The following brokers CLAIM to offer price improvement automatically:</FONT>
<BR><FONT SIZE=-1>Accutrade, Aufhauser, E-Broker, Ceres, Datek, E-Trade,
Jack White, National Discount, Net Investor, Pacific, Regal, Schwab,</FONT>
<BR><FONT SIZE=-1>and Waterhouse. Said to offer it on request are Muriel
Siebert, Stockcross, Brown, Fidelity, Lombard (for a fee), Olde, and Quick</FONT>
<BR><FONT SIZE=-1>& Reilly. There is controversy, and contradictory
information, about price improvement, who offers it, whether they actually
give</FONT>
<BR><FONT SIZE=-1>it to you, etc. At all of the firms who claim to offer
it, some customers say they don't get it. In 1997, Nasdaq will phase in</FONT>
<BR><FONT SIZE=-1>mandatory price improvement gradually. Until the smoke
clears, customers have to do their own investigations of their own</FONT>
<BR><FONT SIZE=-1>brokers, who use different systems and different ordering
methods to achieve price improvement - if they do anything at all.</FONT>
<BR> </HTML>
</x-html>begin: vcard
fn: Clyde Lee
n: Lee;Clyde
org: SYTECH Corporation
adr;dom: ;;7910 Westglen, Suite 105;Houston;TX;77063;
email;internet: clydelee@xxxxxxx
title: Chairman/CEO
tel;work: (713) 783-9540
tel;fax: (713) 783-1092
note: SYTECH Corporation
x-mozilla-cpt: ;0
x-mozilla-html: FALSE
version: 2.1
end: vcard
From: Clyde Lee <clydelee@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Bear MKT
Date: Wed, 29 Oct 1997 05:31:59 -0800
MIME-Version: 1.0
Content-Type: multipart/mixed; boundary="---- =_NextPart_001_01BCE44E.CB572800"
Folks,
When I opened my AdvancedGet window on OEX last
night the attached is what I got.
Certainly is interesting.
Clyde Lee
David Hunt wrote:
> Norman,
>
> Good point. But is it a bull? Next year's Mass Pressure Chart shows a
Attachment Converted: "c:\eudora\attach\oex710281.gif"
begin: vcard
fn: Clyde Lee
n: Lee;Clyde
org: SYTECH Corporation
adr;dom: ;;7910 Westglen, Suite 105;Houston;TX;77063;
email;internet: clydelee@xxxxxxx
title: Chairman/CEO
tel;work: (713) 783-9540
tel;fax: (713) 783-1092
note: SYTECH Corporation
x-mozilla-cpt: ;0
x-mozilla-html: FALSE
version: 2.1
end: vcard
begin: vcard
fn: Clyde Lee
n: Lee;Clyde
org: SYTECH Corporation
adr;dom: ;;7910 Westglen, Suite 105;Houston;TX;77063;
email;internet: clydelee@xxxxxxx
title: Chairman/CEO
tel;work: (713) 783-9540
tel;fax: (713) 783-1092
note: SYTECH Corporation
x-mozilla-cpt: ;0
x-mozilla-html: FALSE
version: 2.1
end: vcard
|