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Strategies & Market Trends : From the Trading Desk

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To: Patricia Meaney who wrote (3896)	12/1/1998 7:11:00 PM
From: AlienTech	Read Replies (1) of 4969

>>I just received a call from Etrade<< Read the fine print. If you bought ONSL at the open at market the other day for 108 and you had entered the order when the price was at 50 with only a 25 collateral and then was forced to liquidate when the stock dropped to 48. They can sell your house and everything else you own! They have done it quite often before and you also agreed that they had the right to do this. Just think.. If you had played with the money thinking like you had sold onsl @ 108 and then ended up 50 points in debt.. $19 per trade.. Aint it great? Cant get any cheaper way of loosing.

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