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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (23593)	8/22/1999 10:24:00 PM
From: Matthew L. Jones	Read Replies (2) \| Respond to of 99985

Yes, it's true. Happened to me twice. Once, I was long 1000 shares of YHOO and extended to the hilt. They changed the maintenance requirement in the middle of the game. It was an internet so I can kind of see it (although it is unethical to grandfather in a new policy). They did it again when I was long CSCO, DELL, INTC, and AOL. Fortunately, I had just sold some real estate so I was able to meet the maintenance call. And those stocks are not exactly high risk stocks. It's happening everywhere. AB Watley is about as good of a brokerage as you will find. (It's my fourth) They blame it on REG T (which is a lie) but we signed the margin agreement and they have the ability to "screw us fair and square". Another reason I am trading the QQQ now. FWIW Matt