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

To: Berney who wrote (34784)	12/6/1999 11:23:00 AM
From: bcanada	Respond to of 99985

Well said!!! Berney. LG, Im still the lion in the bushes. Or maybe the a lion cub watching for the time to pounce. Is it time to go jump out and get all dirty and catch one of those stocks going by. I don't mind getting dirty I just want to catch one. LG, To much going on out front. Get your eyes where they need to be, out front. We need you man. Is it time yet or is this a fake?

To: Berney who wrote (34784)	12/10/1999 6:23:00 PM
From: Trading Machine	Read Replies (2) \| Respond to of 99985

Datek issues margin maintenance call !! Rules change ! It appears as if I can no longer: 1) trade my entire account on a single stock 2) use Datek's margin account This afternoon Datek issued me a margin maintenance call because I bought 6000 shares of MO at 26 1/8 and the price fell to 25 3/16. The "gentleman" I spoke to said that because of the "concentration" of Philip Morris in my account that they (Datek) required 50% margin maintenance. I explained to this guy that MO was not an Internutz stock and not likely to go out of business any time soon, but he persisted, and insisted that I send him a check for $900 and change to satisfy the margin maintenance requirements! It would appear that I will have to put Datek in the same bin with Waterhouse and Jack White. They have an unreasonable point of view. There is no way they can loose money, unless I am missing something, am I? Datek must want to cull some customers from their list, as I look back at the unissued IPO for Goldman Sachs fiasco to this, boy they just don't have anyone there with their head screwed on right. I just can't imagine someone with an account like mine getting a margin call! Gosh, I may have to sell a few thousand shares Monday and pay them off!! Does anyone out there in trading land have a brokerage firm (on line trading) that is fair and honest and has a good trading front end?? I am honestly seeking a new place to spend my money. CU TM