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Hi Phillip,
Guess I shot my mouth off too soon. I've been to LOS website, but never
heard their service. I guess I was just working under the assumption they
were the same. I stand Corrected :-)
On the other hand Waldock's service is free and to me better than nothing at
all. I guess I'm just to cheap to pay for something like that. What's nice
though, about it, is you can see if there is a discrepancy between the rt
quotes on the computer and what the guy is calling out.
Prolific Profitable Trades to all,
Bill N.
Milwaukee -- (Not as sexy or exciting as Hawaii (Gary K.), but hey, we've
got more beer! [|:-)]}
-----Original Message-----
From: Nixon(MLS) <mbjp57@xxxxxxxxxxxxxx>
To: frt1000@xxxxxxxxxx <frt1000@xxxxxxxxxx>; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, August 26, 1998 06:16 AM
Subject: Re: Listen Only Squawkbox
>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
>
>----------
>> 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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