You don't have to ask them to mail you the forms.
If you have a lasar printer, you can go to the site,
find the forms on-line and just print them out
yourself directly from the site. Then you fill them out by
hand and mail them into SWS.
I either invest (SWS @42 on 2/3/99, and we know
what happened after that) or trade (EGRP for a day or
two will move about 8 points between 100 and 120). I
feel certain about my longs and stay on the others all
day. Got burned once but I'm paranoid of big players
moving prices down to kick out the stops.
Yep I've been "burned" with a stop limit a bunch
of times, but I will also say that I've never lost
money using stop limits. It's just worked out that I
could have made a lot more without them, but it sure
saved my butt several times from going into deep deep
I also went for a quick trade. A while back I
bought at 38 then when in the 50's put in a stop limit
at 50. I got stopped out, the stock closed way above
50, and of course I now deeply regret selling. With
OLB stocks it seems that stop limits hurt more often
than they help. Anybody else get burned with a stop
At first, a couple years ago, you would have
closing prices to tally up your account at DATEK, but for
a good while now, they list bid price, which is
what the security would trade at if sold at market.
This is a more conservative measure of your portfolio
worth, particularly since people normally place low bids
toward the end of the market day hoping to pick up
stocks on the cheap when some investors are "cashing
It bothered me at first, but I've gotten used to it.
Datek is still the best in my
I got it from Schwab's member service. I can
reques them to fax me their Equity Digest. It is prety
neat. I am sure there are WWW sites have these kind of
info. One of it is infogate. You have to pay for it. I
am a cheapo. So I use free services.
I bought in at 52 and again at 43 while it was on
the down trend. I wish I had bought twice that much
when it hit the upper $30 6-8 weeks ago! I got
nervious over the weekend about the rumoured correction in
internet stocks so I decided to grab some profits and
reward myself. Sold Monday at 64 1/2. Ouch!!! I hope to
buy in again when the market takes a break to catch
its breath. This is a great stock with a great
future. Go SWS longs....sorry for my lack of faith.
My Datek Por. shows SWS at 68 3/4. I go to
quote.com and see SWS
at 69 5/16.
Nite is 71 3/4
on quote.com, and 71 11/16.
PQT is 9 3/4 on
quote.com and 9 9/16 on DATEK.
Is anyone else having
these problems? What the heck is going on?