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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Mama Bear who wrote (37810)6/6/1999 11:28:00 AM
From: Colin Cody  Read Replies (4) of 122087
 
Barb, while you are probably correct in saying that a margin call means you were "wrong"... did you know that with recent changes made at many houses an investor can spend no more than her buying power on Monday morning... see everyone of her holding go UP 1/4 point by the end of the day and then on Tuesday be faced with a house call??

It can and does happen. While true likely any time a person is "called" she is wrong, I think this situation (above) is outrageous and some idle lawyer should bring a class action against some of the larger houses this is happening at.

Colin
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