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Re: Discount Brokers



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WaterHouse is a Joke!

----- Original Message -----
From: R.E.Turner <r_e_turner@xxxxxxxxxxx>
To: Scalp1 <Scalp1@xxxxxxxxxxxxxxx>; Real Traders <realtraders@xxxxxxxxxxxx>
Sent: Sunday, August 08, 1999 8:53 AM
Subject: Re: Discount Brokers


> Currently I'm using Watley's Ultimate Trader Silver.  This is the second
> tier of four levels of service and gives direct electronic order entry .
A
> market order on AOL, for example will take 30 sec to  fully execute and
> complete from the time you hit the buy or sell button.
> Times are given.  The software  happily sits on a networked PC with Trade
> Station, Metastock Pro and Stockedge Online on the other PC and a cable
> modem, with no conflicts.   Have in the past used Schwab, Waterhouse and
the
> less known Trend Trader LLC  which clears through Southwest Securities
> Yammner and Co which cears through DLJ /Pershing.  Still have Waterhouse
> account and have found their speed to have picked up alot.  Yammner is
like
> Wall St. Access with direct call in access to a broker who does the trade,
> this can take time, but they will work the trade to try and get you a
better
> price.  After a while they get to know you and you don't have to repeat
your
> account number which takes more time.  And when they hire a new broker the
> process starts all over.  Watley is between Waterhouse and Yammner in
> commissions and service and works for me.  Russ
>