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Hi Bill, I would take issue with your comment that the only difference
between the Lind squawk and the LOS sqauwk is that Lind is Free. I found
Lind to be a very poor service relative to LOS. All the guys at Lind seem
to do is call out the bid/offer. They never give an idea of size traded,
how many people in the pit, whether the buyers/sellers are Locals or
Goldmans or whoever all of which you will get with LOS. I should not knock
Lind really as they are providing a free service but it did not add much to
my trading. LOS on the other hand is I believe worth the $100 a month as
it does provide all of the above. The sound quality I find to be better
also with LOS dedicated software.
regards
Philip
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> From: William F. Nakielski <frt1000@xxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Listen Only Squawkbox
> Date: 26 August 1998 09:44
>
> RT's
>
> Just a note to the LOS thread. Lind Waldock has a similar service.
They
> have a guy on the floor who calls out the bid/ask and some sizes of the
> orders and by whom. You can hear the traders in the background. You
know
> when they are excited. You know when they get bored ,athough that hasn't
> happened too much lately :-).
>
> It's available over the internet and I've had the service for about a
year.
> As to downtime here, the only time is when the guy goes to lunch for a
half
> an hour. He does take small breaks throughout the day for a minute or
two,
> sometimes to answer the phone or to rest his voice. (It's hard to
imagine
> someone being able to keep going all day at his pace without losing your
> voice.)
>
> As to the echo mentioned in the previous post, it is the same here. And
I
> have used it with both of my ISPs, so I guess you'll just have to live
with
> it. That's just the way the Internet is.
>
> Other wise my comments are the same as the gentleman's post about Listen
> Only Squawk. I do like it.
>
> The only real difference between Waldocks service and LOS is the price.
> It's FREE (with an account). So I guess it's hard to knock it.
>
> Cheers,
>
> Bill
>
> ++++++++++++++++++++++++++++++++++++++++++++++++++
> -----Original Message-----
> From: Richard Josslin <oldfogey@xxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Tuesday, August 25, 1998 08:25 PM
> Subject: Re: Listen Only Squawkbox
>
>
> >Dear Bob,
> >
> >Bob Hunt wrote:
> >
> >> Are there any users of the Listen Only Squawkbox out there?
> >
> >I've used it since May, and in July, I spent a day on the floor with
Jeff
> >Jacobsen, who owns and runs it.
> >
> >>
> >>
> >> If so, I would appreciate any feedback that you might be able to give
> >> me on a couple of issues;
> >>
> >> Have you found it to actually help your trading? If so, in what
> >> manner?
> >
> >Yes, primarily in learning the quality of the trading: who is trading
> >what size. Also, in learning when the data from my data provider (BMI
> >satellite) is lagging the market, which I've seen happen every now and
> >then, sometimes by over a minute (and there is no way to detect that
> >simply by watching the screen).
> >
> >>
> >>
> >> How do you receive it, via satellite or internet?
> >
> >Internet, at $100/month for 3-month intervals. I understand that after
> >the satellite quit several months ago, LOS has discontinued their use of
> >satellite feed, so now it is only available by internet ($100/month) or
> >telephone ($300/month).
> >
> >>
> >>
> >> How much downtime have you experienced with the system?
> >
> >Insignificant.
> >
> >>
> >>
> >> What kind of technical difficulties have you experienced? (I've
> >> noticed during my trial that an echo problem seems to occur now and
> >> then. Does this kind of thing happen frequently?)
> >
> >I too have experienced that and am switching to another ISP to see if I
> >can eliminate or lessen it.
> >
> >>
> >>
> >> Please feel free to make any other comments.
> >
> >I've been watching the S&P market tick by tick since '85 and Jeff
> >Jacobsen, in my opinion, is one of the saviest guys on the market that
> >I've met. After trading with LOS, I wouldn't want to trade without it -
> >it brings a whole new dimension to trading that is just not there with
> >only a screen.
> >
> >>
> >>
> >> Thanks in advance,
> >> Bob Hunt
> >
> >Sincerely,
> >
> >Richard Josslin
> >
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