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Tullman, Mitch wrote:
>
> 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.
Here, here !!!!
Wes
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