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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Jim S who wrote (13221)9/30/1999 2:38:00 PM
From: RockyBalboa  Read Replies (4) | Respond to of 16892
 
Well, at least it should be applied to stocks with extreme volatility.
But, that does not necessarily mean that the stock should be restricted from shorting. That's what I do not understand.

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To: Jim S who wrote (13221)9/30/1999 10:24:00 PM
From: Herc  Read Replies (2) | Respond to of 16892
 
Look at your monthly brokerage statement and see how much the margin interest charges can add up.

And how often have you had to exit a good investment because of a margin call? The darned stock market always seems to stick to its own schedule. It's real tough darting nimbly in and out.

Just two more things decreasing your chance for success.

It doesn't sound like Datek is the broker for you. I want low commissions, good executions, and rarely do I short. So Datek is perfect for me.