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Strategies & Market Trends : Take the Money and Run

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To: AugustWest who wrote (5736)6/26/2002 10:36:40 AM
From: Jorj X Mckie  Read Replies (4) of 17639
 
OK, so here is today's Merrill Lynch saga.

I did open an etrade account, but have not funded it yet. Was waiting for capitulation day to close my positions so I could just write a check to fund the new account.

I placed my cover orders for IDPH and SCIO. Then, a few minutes ago, I tried to short KLAC. This is the message I got:
This account does not have online trading access. Please contact your Financial Consultant


So, I contacted my financial consultant and he is trying to figure out what is going on.

I may have to close all of my positions today since I am truly handicapped.

I am stunned at how bad Merrill Lynch is.
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