SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TraderAlan who wrote (8570)1/8/2001 6:31:45 PM
From: TraderAlan   of 12617
 
Interesting statistic from the Ameritrade warning. Their 1st quarter ended 12/31. It suggests the margin squeeze may be over as discount customers reliquify.

"First-quarter average margin balances would be at the low end of $2.3 billion and $2.5 billion, AmeriTrade said. This is below the fourth-quarter levels of just under $3 billion, indicating that clients are paying off their margin loans, and reducing one of AmeriTrade's sources of income, Worthington said."

Alan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext