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Re: My letter to eSignal



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Thanks, Matt.

IK


----- Original Message -----
From: "Matt Proudfit" <mproudfit@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 20, 2002 10:04 PM
Subject: My letter to eSignal


> Regarding my earlier post about my letter to eSignal, I apologize if
I got
> anyone's hopes waaaay up there.  I haven't found the Holy Grail -
yet.
> Several months ago, being tired of getting hammered by eSignal again
and
> again I switched to Tradestation 6 - or is that Tradestation Pro -
whatever
> they call it today.  Anyway, it's costing me $160 per month LESS
than I was
> paying eSignal and I really haven't had data problems since - at
least none
> that weren't solved by clearing the caches.  90% of my trading is
wrapped up
> in S&Ps and e-minis although I do find myself spending more time
with
> stocks.  I like having real-time stock data on hand and not having
to mess
> with the global server and leaving a machine on all the time and
having it
> collect data for two months before I could get any good out of my
charts and
> indicators.
>
> Anyway, I'm not a commercial for Tradestation.  In 1993 I bought my
first
> version and a couple of months later I bought another copy to keep
on a
> different machine.  I've had every version and upgrade since then
and I've
> lived through all of the Omega promises and problems.  All I can say
is that
> TS6 is working fine for me.  I run it on two multi-monitored PCs and
a
> laptop (all with XP) and I have no crashes.  I could save the $100
per
> month, but I still prefer to use my old broker for trade execution -
based
> on past performance I'm just not quite ready to put that kind of
faith in
> TS.  Maybe later after they have proven themselves a little longer.
>
> For what it's worth, I have sent the same kind of letters to Omega
that
> eSignal received from me in the past regarding "you'd better get
your act
> together before someone else comes along and blows you guys out of
the
> water".  I've checked out the competition to TS, I just haven't
found any of
> them worth switching to - yet - but I'm always looking.
>
> Another for what it's worth - I remember that one of the principal
owners of
> the original BMI was a trader from back East somewhere.  How about
one you
> REALLY successful guys stepping up and building something we'll all
want to
> subscribe to?  I bet there are a lot of ex-BMI employees that would
love to
> work for a well-run company out to put eSignal out of business.
>
> Thanks - and again, I apologize if I've just dashed anyone's hopes.
>
> Matt Proudfit
> Ogden Utah
>
>