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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (472)	12/4/1999 11:25:00 AM
From: Pluvia	Read Replies (2) \| Respond to of 1766

I mean unfortunately my broker miscalculated margin is done by addition, multiplication and subtraction, we learned that in primary school. Trust me when I say I was not even a teeeny tiny bit happy about this... During conversations with the firm's legal and compliance dept., which took place after I sent them a firmly worded letter, it was made clear to me from the margin agreement I and essentially every one with a margin agreement sign.... That the firm has the ability to liquidate positions at their discretion, to readjust margin a various stocks at their discretion. In all fairness, I like the firm I work with, I have found they are some of the best, most ethical traders I have ever dealt with and thus I expect to continue doing business with them. My account had a relatively small margin problem for about 20 minutes during the peak of ADSP. 10 minutes later it was not a problem according to my calculations. The firm has apologized profusely and I'm sure they will make it up somehow in the future. Such is life.