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Technology Stocks : American Power Conversion

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To: DRL who wrote (1678)7/29/1997 9:30:00 AM
From: Joseph Francis Torti   of 2574
 
DRL, Yes I also called again to verify my own post. And I too get different answer. They said it's up to the manager discretion of how your account works. I do not like that answer. What if I 100% my margin acct on my first trade of the day then trade 100% my margin for two more trades, would you like to get something in the mail saying you owe thousands. He told me what he told you the funds is available as soon as you sell, just do not go over your buying power is what he told me. My brother also had waterhouse and they told him he had to wait one day to trade again when he fully margin his stocks. He is now with Oxford because he was not happy with this. So who's giving us the right answer here. Joe
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