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Re: Don Green's Better Fills



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I met Don Green while he wasliving in Japan.

I was the Director of Operations, Far East for a
small manufacturers rep company.

He was a minimum wage sales clerk at the Yokosuka
Navy Exchange.

His wife is a high producing retail broker.

He represented himself as a retired business man
living in Seattle ("Bill Gates neighborhood"), with
28 years of trading experience.

I don't know Don, I thought he was an idiot when I
first met him and my oppinion has only worsened.

My point:  I have never met a millionaire business
man with 28 years of stock trading experience that
accepts a position as a minimum wage payed sales clerk.

John Chamberlin



===


Practice does not make perfect.  Only perfect practice
makes perfect.
--Vince Lombardi


---Zephyr <zephyr1@xxxxxxxxxxx> wrote:
>
> > Hi Patrick,
> >
> > You wrote:
> > > Don's "questionable" (whether it was or not I
do not know) trade was
> > on BA, I believe. BA is not NASDAQ, Schwab cannot
get any better a
> > fill than you or I.
> 
> > I believe that there is a general
misunderstanding concerning how some
> >
> > of these trades work, both on NASDAQ and NYSE
stocks.
> >
> > Likewise, the time reported by Schwab to the
customer may not be the
> > time that the trade actually took place, but the
SEC permits trades to
> >
> > be "slipped" in time up to 3 minutes.  I know,
because I have used
> > another major firm and they sometimes pick off
parts of my trades,
> > give
> > apparent "price improvement", but as I watch time
and sales the NYSE
> > trade really takes place in Chicago or Boston
depending upon the
> > stock.
> > If I can save a 1/8 of a point going in and
coming out, and they make
> > money, so be it.
> >
> > R Tareilo
> 
>    Randy is correct about the above and if this
alone is the reason that
> Green
> got kicked off this list them the list operators
need to rethink
> justification.
> 
> Zephyr
> 
> 

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