Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: Jon Tara who wrote (6817)	2/16/1998 4:01:00 PM
From: Peter H. Hodge	Read Replies (1) of 16892

Jon...I certainly will appreciate a correction if my understanding is wrong, but here's how I thought the margin interest worked. Put 100,000 in account. Buy up to 200,000 of stock during the day. Sell it all and be all cash overnight. In that scenario, I thought there was no margin interest. BTW, I really appreciate your insightful posts and work on Scammer. Hope you still have time to make the improvements you have mentioned. If you or anyone else would like .slf files of all the stocks listed by group/sectors on the Daily Stock page, email me. I have them in a zip file and they are of course used by Real Tick III

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