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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (4747)	6/21/2002 2:10:30 AM
From: Bid Buster	Read Replies (1) of 17639

question for ya T...have you had problems with your MER account after the late night updates scanning your cash balance as negative and therefore locking you out of trading the next day? its happened to me about 5 times now...3 times just last week even though i have a ton of cash in the money market fund...its a pain in the ass to call them to place trades when that happens...but no one at merrill can tell me why it happens i know the limits MER is doing and why your closing that acct...however my MER account is a secondary account so i haven't reached the limit yet. i'm still happy with my ET account..but i just don't know about MER fee based system any more

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