Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Edward J. Frankman who wrote (20071)	8/1/1999 8:06:00 PM
From: the Chief	of 62348

TYSON'S CORNER, Va. -- Heather Cameron is liquidating her account. It's not that she wants to; she has to. The former can't-lose day trader, who bought lots of stock "on margin" -- meaning with borrowed money -- just got hit with a "maintenance call." That innocent-sounding event basically means that her account at the All-Tech Investment branch office here has dwindled so low that she must put up more cash or sell her five remaining stocks -- at steep losses. Well, she doesn't have any more cash, so she sits in front of her trading station trying to sell out of OneMain.com. She would be happy to get $20 a share now for her 2000 shares, though she bought it months ago at $42. "I am a bright girl who did some stupid things. I got caught up in the frenzy," says Cameron, 36, who would prefer not to reveal exactly how much she lost, allowing only that it is a substantial amount. Simple one-liner can answer this dilemna......."No Rules"! It is a sorry thing to hear, I feel for the person involved. I can't stress it enough.....No Rules.....you die as a daytrader! the Chief

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