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Non-Tech : The Critical Investing Workshop

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To: Ilaine who wrote (13927)4/16/2000 4:57:00 AM
From: Jill  Read Replies (2) of 35685
 
Cobalt, unfortunately (or fortunately) I recall you from a fracas a year ago with edamo who is a veteran trader and a cyber friend of mine. And unfortunately (or fortunately) because I'm a writer, and those exchanges fascinated me, including some coffee shop posts of yours at the time he cited, I've never forgotten them.

I do not believe the discount brokers "know" their clients in this e-trading world where everybody and their brother/sister has an online account. I've heard a couple of stories where people's margin maintenance was doubled overnight--and they were forced to sell the next day. I believe that comes from not knowing your client, and I think most individuals are way too freaked, or busy, to sue.

People are adults. I posted an article to that effect over on our options thread. I'm not posting on this thread looking for stock tips. Perhaps others are. Maybe they aren't as misguided as you think, however. I'm sure you're on SI for the same reason we all are: it's a goldmine of good information. There's noise, sure, but the signal: noise ratio is extremely high.

Jill

Jill
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