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Politics : Ask Michael Burke

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To: James F. Hopkins who wrote (57664)4/27/1999 6:17:00 PM
From: Mama Bear  Read Replies (1) of 132070
 
"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,
"

Neither Datek or Waterhouse does. Get this, they still pay the money market rates if you keep your money in cash. One of the few instances I have encountered of having your cake and eating it too.

Barb
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