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Non-Tech : Waterhouse Securities

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To: margin_man who wrote (641)8/2/1998 3:35:00 AM
From: dumbmoney  Read Replies (1) of 2076
 
Account balance/buying power obtained from
Webbroker or touch tone is very reliable even when I have a lot of
options in my account.


I've found "buying power" to be extremely unreliable. It's usually in the right ballpark (though wrong), but sometimes it's not even close. I have no idea how Waterhouse computes it.
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