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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (37674)	10/20/1999 1:14:00 AM
From: Stoctrash	Read Replies (1) \| Respond to of 44573

Pat...my dad has told me some of those say exact stories about 2 week late fills and such. They couldn't prove what prices they paid...so they never had to ante up money till they did!!! Mets...@#$%@, damn!!

To: Patrick Slevin who wrote (37674)	10/20/1999 1:46:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 44573

I'd have to dig out the old statements to figure out what the settlement date was, but I don't know how it could have settled before they told me it had happened. Oh well. I do know that they never said anything about margin. If I had gotten confirms on a timely basis I would have cancelled some of the buys, or done some sells to stay at a normal level, and it wouldn't have been a problem. Actually I had a pretty good idea which stocks I bought, but some stocks traded below my buy price on that crazy day without executing my orders. As for the confirms, I sure didn't wait for the paper to come in the mail. I called them about 5 times a day for the next two weeks, and as I said, as soon as I found I owned something, I sold it for a profit. Thus my account never reflected more than one security at a time in it. Boy, thinking back about this sure makes me appreciate how much better things are today. Carl