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Non-Tech : The Critical Investing Workshop
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To: Uncle Frank who wrote (14507)4/17/2000 4:18:00 PM
From: Jill  Read Replies (1) of 35685
 
Thanx Unc. I did sell some QCOM today--I actually don't regret it, because I realized I must have some cash because I don't have the psyche bulwarks for another weekend like this last.

The one thing that makes me sad mad and who knows what else are some of the stories I've heard from last week where people's margin maintenace was doubled, they were forced to sell, their portfolios mightily diminished; or called yesterday by Fidelity and forced to sell this morning (Fidelity reps said if the market turns they'd liquidate the person's account for them)instead of being given the routine 5 days--I feel that was vicious and that they knew what they were doing and that they got everybody out by 1 p.m. and scooped up the shares for cheap. I guess we know what we're dealing with for the future. It's the dark side of the "blessing' of online trading.

Jillo Dillo
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