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Non-Tech : Datek Brokerage $9.95 a trade
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To: Len who wrote (8229)4/29/1998 4:48:00 PM
From: Mama Bear  Read Replies (2) of 16892
 
>>>And,for the third month in a row, my beginning balance differs from the prior month's ending balance.<<<

I have noticed that my balance will be different from one days close to the next days open. Since Datek started marking to market based on the bid (for longs) and ask (for shorts) it's something I expect. For example, I'm short MARG now, and the closing ask was 11 1/4. Unless MARG opens with an ask of 11 1/4, my opening balance will be different in the morning, and will reflect tomorrows opening ask. Perhaps that is the source of your problem? If you go home in cash every night, I don't know what to say.

Barb
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