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Non-Tech : MB TRADING
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To: scanshift who wrote (2308)11/26/1998 1:16:00 PM
From: Shoot1st  Read Replies (3) of 7382
 
Scanshift.........setting aside your dislike for TN for a minute, I would like comment on something interesting that I have just realized.

Your link to TN has really angered me. On various occasions over the last 3 months I have asked a variety of people working at the X office how to fully understand the value, mechanics and consequences of TN's Margin structure. Repeatedly I have received verbal answers to questions that never fully explained how complex this part of the system is. Only recently when Mack and you were head to head and I asked publicly if there is a place to get a full and complete description of the Margin account was I given a site to view. Several times in the past I was told "it doesn't exist"....Well it does exist thanks to your link...and guess what, it is complete and well written so that I can understand what I am doing. TO DAMN BAD NOBODY AT X HAD THE INSIGHT,KNOWLEDGE,TRUTHFULNESS,BALLS...WHATEVER ..TO TELL ME WHERE TO LOOK AND LEARN....I HAVE LOST MANY THOUSANDS OF DOLLARS THROUGH MISSUSE OF THIS ACCOUNT......ONE DAY I TOOK A $25,000 HIT BECAUSE I WAS RELYING ON BUYING POWER TO GUIDE MY PURCHASES AND THEN FOUND THAT I HAD TO LIQUIDATE A HUGE POSITION BECAUSE OF A REG-T CALL.

X had to have known that this area for education existed...how could they not..they are after all connected directly to TN. I can only assume they decided not to direct me to this link because as you have pointed out TN will/can ultimately become their competitors and I could bypass them. This conflict of interest and purposeful failure to disclose this link will now come to haunt them...the shit is about to hit the fan.

Shoot1st........steaming.
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