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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.49+0.2%Dec 30 3:59 PM EST

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To: 10K a day who wrote (104215)5/27/2000 7:39:00 AM
From: KeepItSimple  Read Replies (2) of 164684
 
I've moved all of my schwab accounts to other brokerages after experiencing this first hand. I had some huge april put positions that had generated a "paper" loss of 7 figures. This was around the middle of march. I had the schwab platinum team members calling me threatening to lower my account status to level 1 to protect me from my own ignorance. I had to scream at them, and in no uncertain terms threaten to sue their sorry asses if they liquidated any of my positions or changed my account status. That 7 figure loss turned into a low 8 digit gain within a month. *someone* sold me those puts. and although i'll never be able to prove it, i'll just take a guess and say it was schwab or one of their affiliate trading desk arms.

>They don't want daytraders busting them in the CHOPS on breakouts...they don't want that stuff...they are exposed by having to take the other side of the trade ....(sometimes)
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