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Politics : Ask Michael Burke
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To: James F. Hopkins who wrote (57664)4/27/1999 5:30:00 PM
From: Terry Whitman  Read Replies (2) of 132070
 
>but if I may ask;; when I happen to know ahead taht I'm going to Day trade an issue, and if I use the margin account , will they debit me
with a margin rate, ( in and out the same day ) ? I'v not tried that yet, guess I ought to do one and see <G><

There has been no debit to the margin shorts I have flipped over on the same day in my accounts. They probably figure it by the day, and anything less than one reverts to no charge. Just what the public needs- Another enticement to day trade. <g>
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