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I was away and just got this.....this is where I think being a part of a
large
trading group (real traders) can be used. I think we as a group should
e-mail BMI and
tell them we resent treating our members this way. We should each
e-mail individually.
Write a form letter saying let me out or else these 100 traders will go
out of their way to bad mouth
your service. Include the address where to foward it and I for one will
sign it and send it on to BMI
Let's flex some collective muscle!
Mitch
> -----Original Message-----
> From: David Rosenthal [SMTP:davidr@xxxxxxxxxx]
> Sent: Monday, June 01, 1998 3:03 AM
> To: RealTraders Discussion Group
> Subject: RE: DTN vs BMI et al
>
>
> Last April I got interested in daytrading, bought Tradestation and the
> BMI
> delayed data feed for about $70/month. After a month I decided I was
> ready
> to trade and moved up to the real time for $225+ plus exchange fees.
>
> Four months later I came to my senses and realized that daytrading and
> my
> daytime job were not compatible (what was I thinking...). So I
> blithely,
> naively, called BMI to switch back to the delayed plan. The answer I
> received, in only slightly nicer language, was "Screw you, sucker.
> You
> signed a contract. You can cancel all your exchanges, but we'll still
> charge you $225 a month for the delayed data for another 8 months.
> And
> there's nothing you can do about it."
>
> Legally, they may be correct. However, needless to say, BMI has lost
> a
> customer for life, even if they have the cleanest data available.
> When and
> if I need real-time data again I'll use either FutureSource or DTN.
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