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Re: [Fwd: Options/Brokers] and WAKE UP



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----- Original Message -----
From: RAY RAFFURTY <rrraff@xxxxxxxx>
To: kohath <kohath@xxxxxxxxxxxxx>
Sent: Monday, June 28, 1999 11:44 AM
Subject: Re: [Fwd: Options/Brokers] and WAKE UP


>         I am neither brain dead, nor a newbie.  The purpose of RT's is to
> help fellow members, or haven't you read the policy statement?  Any
problems
> with Datek where not caused by a few people talking on line.  They where
> caused by adds promising quick riches saturating the airways.  Dreyfus has
> never solicited accounts in this manor.  They do advertise their mutual
> funds and full service brokerage, but that is an entirely different
> operation run out of Boston, while the discount brokerage is in
California.
>
>         E-Dreyfus (before being purchased by Dreyfus they where PBS) has
> always had a policy of slow growth and steady improvements to there
> services.  Sorry, no promises of a helicopter on every lawn.
>
>         If what you say about your experience with brokers is true, you
> should be thanking me for suggesting Dreyfus instead of complaining.
> Besides if your that paranoid, how do you know I'm telling the truth.
Think
> about it.
>
>                                                     Ray Raffurty
>
> P.S.  It is considered good educate on RT's to use your real name and not
> hide behind anonymity.
>
>
>
> ----- Original Message -----
> From: kohath <kohath@xxxxxxxxxxxxx>
> To: RAY RAFFURTY <rrraff@xxxxxxxx>
> Sent: Sunday, June 27, 1999 11:02 PM
> Subject: Re: [Fwd: Options/Brokers] and WAKE UP
>
>
> > Are You BrainDead,  Or are you just a newbie at this.  The one thing you
> DO
> > NOT DO is broadcast a good brokerage to the world.  If it is true that
> > Dreyfus is what you say it is, don't expect it to last much longer with
> the
> > way you talk about it.  If enough traders sign up with Dreyfus, what do
> you
> > think is going to happen to the service.  Do you think it's going to
> > improve?  Hardly.  I went through 5 brokerages in the last two years,
and
> > finally found one that was decent.  If you don't beleive me, sign up
with
> > the great Datek, and find out what its like to try to trade on a popular
> > brokerage web site, if you can get on at all, during the busy times of
the
> > day.  You are lucky to get a trade through, for there are so many using
> the
> > system, it bogs down under the load.  And don't expect Datek to upgrade
> the
> > system, the millions they make each day are going into the owners
pockets,
> > and they are not concerned if your trade goes through or not.
> >
> > I don't know how many brokerages you have had, but if Dreyfus is your
> first,
> > and it is as good as you say it is, then that is too bad, for you have
not
> > been through the ropes, and expeireinced a well broadcast brokerage,
that
> > was at one time good, but, unfortunatly, went downhill fast when too
many
> > people sign up, when people like you broadcast to the world how great it
> is,
> > and ruined it for the rest of the users that have worked hard to get
where
> > they are at.
> >
> > You must realize, as with datek, if enough people sign up, then they do
> not
> > care about the customer, for they are processing so many trades and
making
> > so much money that you are irrelevant to them.  I know, I used them, and
> > other popular brokerages.
> >
> > You may well be finding out soon what it is like to have a pathetically
> slow
> > brokerage, thanks to your lack of vision, with not being able to get on
> the
> > web site in the morning because the the load, and so many trades going
> > through that your trade which once took less than a minute can take up
to
> 10
> > minutes or more, and, when you try to cancel, 10 minute cancellations,
if
> at
> > all, like on Datek!!!
> >
> > WAKE UP!!!
> >
> >
> >
> > ----- Original Message -----
> > From: RAY RAFFURTY <rrraff@xxxxxxxx>
> > To: Ron <annsar@xxxxxxxx>; <realtraders@xxxxxxxxxxxx>
> > Sent: Sunday, June 27, 1999 5:24 PM
> > Subject: Re: [Fwd: Options/Brokers]
> >
> >
> > >         Hi Ron,
> > >
> > >         That's an outrageous commission.  Dreyfus is $1.75 per
contract
> > > ($15.00 min).  Your 10 contracts would cost you $17.50 each way.  I
> > believe
> > > Brown & CO. are about the same.  I have been with Dreyfus for about 2
> > years
> > > and usually trade on line at www.edreyfus.com   In that time they have
> > only
> > > been down once for about 30 min.  There web site is deliberately
simple
> so
> > > that it loads extremely fast.  The only down side is that you can not
> > place
> > > stops on options online, though you can with a live broker.
> > >
> > >                                         Good luck and good trading,
> > >                                                     Ray Raffurty
> > >
> > > ----- Original Message -----
> > > From: Ron <annsar@xxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxx>
> > > Sent: Thursday, June 24, 1999 11:50 PM
> > > Subject: [Fwd: Options/Brokers]
> > >
> > >
> > > >
> > > > RT'S--
> > >
> > > > Can anybody shed some light on where to trade OEX options.  Where's
a
> > > > good broker and what's a fair commission price?
> > > > National Discount Brokers charge $35 +$2.50 a contract (each way) so
> > > > trading 10 contracts =$60 to open and $60 to close or $120 a turn.
> > > > Seems expensive any ideas appreciated.
> > > >
> > > > Thanks.......Ron
> > >
> > >
> > >
> > >
> >
> >
> >
>