SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron McKinnon who wrote (5279)2/13/1998 2:07:00 PM
From: Ed Forrest  Read Replies (1) of 120523
 
To: +ed forrest (5272 )
From: +Ron McKinnon Wednesday, Feb 11 1998 7:44AM EST
Reply # of 5340

Ed, let me toss out a few thoughts on "buying power"

You said >>>>Life has more than enough foolish rules.I can just say no to this one.

As foolish as the "rules" may seem to us they are real, very strict, and expose you to severe restrictions if you break them; so I am not sure that you can just say "no".


Ron
For your information:

Subject:
RE: (no subject)
Date:
Fri, 13 Feb 1998 13:37:43 -0500
From:
Datek Online Support <Support@datek.com>
To:
"'forrest@fidnet.com'" <forrest@fidnet.com>

Dear Mr. Forrest:

Positive cash balances earn 4% APR.

Proceeds from a sale of stock will be instantaneously credited to your account. You can repurchase the same stock as often as you like, limited to, of course, the buying power in your account.

Thank You,

Datek Online
Mark

Can I sell a stock and use the proceeds to repurchase the same stock on
the same day with no other trade in between?Do you offer checking and
are proceeds swept into money market account?If so what is rate on money
account.
Ed Forrest
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext