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Strategies & Market Trends : From the Trading Desk

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To: steve goldman who wrote (2537)	2/8/1998 12:40:00 PM
From: Doug Moulton	Read Replies (1) of 4969

Wow. I just logged on and found you just responded 3 minutes ago. I guess Datek recalculates after every transaction. I use another discount broker and they only calculate your new buying power at the end of the day and have actually stopped me from using margin for 3 months because they will not let you buy and sell several times in a day. How about your service? If I was to buy and sell as discussed in the previous post, would your firm allow me to place the second order at $22,000?? Thanks again, Doug PS. If anyone else knows another broker that allows you to trade several times in a day with your full amount, please let me know. I am too afraid to go with Datek after reading the SI board on Datek.

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