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<DIV><EM>Does anyone know of a real time charting package which will calculate
indicators based upon that day's price action only? for example, if i want
to calculate a 10 period moving average, the calculation in the first period
will be based only upon that period's bar, in the second period it will be based
upon the first two, and finally by the 10th bar, the indicator will finally be a
true moving average. </EM></DIV>
<DIV> </DIV>
<DIV><EM>Thanks for the help</EM></DIV>
<DIV><EM></EM> </DIV>
<DIV> </DIV>
<DIV><EM><BR>Gary Kramer<BR>708-401-0382 (Voice mail and
Fax)</EM></DIV></BODY></HTML>
</x-html>From ???@??? Tue May 04 12:49:56 1999
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Date: Tue, 04 May 1999 13:14:44 -0400
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From: "G.John Boggio" <boggio@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Gen: Fidelity's Commissions - FOLLOW-UP
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<x-rich>RTer's and FTer's,
Just thought I would give you a follow-up on my conversation with a
Fidelity Spartan Brokerage Supervisor regarding a possible wavier of
their new commission policy (see below for more details). To make a long
story short, I had an amicable conversation in which I informed him that
I would like to have their new policy waved. This was based on the fact
that YTD I have generated over $17,000 in 'on-line' commission and over
$60,000 since 1997. He indicated that he saw my frequency of trading and
appreciated my business BUT said that he could
<bold><italic><underline>not</underline></italic></bold> do anything to
help.
I indicated that this change will require me to look elsewhere for
brokerage and mutual fund services and thus would be closing out some
rather large accounts. I also indicated that I have been in contact with
several of you (from these two forums) who have also expressed
disappointment with their new policy. Without trying to speak for
others, I said that the impression that I got from those conversations
was that they too would be looking to close their accounts with Fidelity.
He said, "well, we appreciate your business but if that is what you need
to do....". The conversation ended shortly thereafter and now I am
getting back to you.
So, it looks like I will begin my search for a new brokerage
company.
Out out curiosity, does anyone know if there is a company that offers
on-line trading via their own software RATHER than using the web. This
would be similar to Fidelity's Fox+ software vs their Webexpress. I know
a lot of you did not like their Fox+ program but, in my opinion, it was a
hell of a lot better than their slow and cumbersome Webexpress. I guess
I will be checking with all the big boys: Vanguard, Scudder, DLJ, Datek,
Brown, and Schwab etc. Any suggestion?
Thanks,
John Boggio
At 06:13 PM 5/3/99 -0400, G.John Boggio wrote:
>Rter's and Fter's,
>
> Is anyone aware of Fidelity's new STOCK commission schedule in which
they
>are now charging for every lot bot or sold even if you are below the
1000
>share limit. Apparently, this new rule went into effect on 4/27/99. It
no
>longer allows for multiply trades on the same side, on the same day.
>Example, if you bot 500 shares of DELL at 41.50 and then bot another 500
at
>41.00 an hour later, you will now be charged 2 commission fees. This
even
>applies to "active" on-line traders...which I am. Normally, such a
trade
>would run me a total of $14.95 for the day for the 1000 shares.
>
> Anyhow, when I spoke with Fidelity today about a trade I placed the
other
>day, I was informed of this new rule. I have now asked for a supervisor
to
>contact me regarding a wavier of this newly proposed fee, based on the
fact
>that I have already generated commissions of nearly $17,000 ytd and
over
>$26,000 last year. Am I alone in this fight or are others in the same
boat?
>
> Finally, the Fid. representative also told me that they sent a notice
of
>this new rule to their commission schedule several months ago. Well,
I
>never saw a thing, did you? Also, if you go to their website and check
out
>their commission schedule, it does not say anything either.
>
>
>http://personal351.fidelity.com/accounts/services/content/socommissions.html
>.tvsr
>
>Any info would be greatly appreciated,
>John Boggio
>
</x-rich>
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