TIP: Click on subject to list as thread! ANSI
echo: aust_biz
to: Frank Malcolm
from: Bob Muirhead
date: 1995-03-02 11:48:00
subject: Business Sunday Item

Hi Frank

FM >BM> I hope you warned your client off these guys.  You know better
FM >than most 

FM >Definitely! Even though from the look of the the stuff in the
FM >brochure it would have been good for me - very frequent trading.

There are several good trading packages around less than $1000.  A 
couple of brokers I know use Insight Trader.  Lousy documentation and 
user interface, but fantastic trading tools for tech analysis.  Plus 
there is an active user support group.  Then there is Metastock.

FM >BM> There are a lot of mugs about.  Let's say they sell 500 packages
FM >BM> of the share program.  That is $3.5 million.  Then there are the
FM >BM> gg's and 

FM >I bet they don't though. Or are there enough gullible & rich people
FM >around?

The technical manager of Futrax claimed they planned to sell 400 
packages.  I reckon they would sell several hundred.  There is a big 
market for this stuff.  I read in the Fin Review yesterday that someting 
like 20,000 financial packages have been sold in Aust (I forget the 
period).  This may include accounting packages as well, but the mumber 
is big.


Bear up, Frank!  The markets are on the mend.  We may see 2300 on the 
All Ords by Christmas (20% probability on my rough-as-guts modelling).  
If you like an exciting ride, I understand there is a quid to be made in 
derivatives - just don't get too pally with the boys in the back room 


Rgds

Bob
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