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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Spots who wrote (742)3/24/1998 12:50:00 AM
From: peter michaelson  Read Replies (1) of 2120
 
Spots:

I think you've seen the new 'official' Datek post re interest calculation on shorts (shorted on margin). Or was that the other Spots?

Message 3810792

I also have a Schwab account, but get confused in comparing Datek vs. Schwab calculations. Judging by your earlier post on this thread, Datek is much more costly than Schwab on shorts (again, assuming there is not cash in the account at 100% of short value).

Is this correct? Have you double and triple checked? I'll try to compare again.

thanks peter
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