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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: johnm who wrote (5348)	12/29/1999 4:40:00 PM
From: wily	Read Replies (1) \| Respond to of 7382

RE ARCA: You're much better off with ARCA as an option than not. It's not the perfect tool but I use it a lot. RE margin: I think MB handles it about the same as Watley, i.e. you have to be careful about trading overnight holds. You can do it -- you just have to have enough buying power so that you're not using the proceeds from the overnight sell. RE the other questions -- can't help you. I don't short that much and I never used Datek. wily

To: johnm who wrote (5348)	12/29/1999 11:07:00 PM
From: FDHIII	Read Replies (1) \| Respond to of 7382

Johnm: If you have the funds I would highly suggest that you open 2 accounts with Southwest Securities/Mbtrading. You can only have one account per SS no. but you can open up a joint account with a friend/spouse. A second account can be a serious advantage if/when you ever get a margin call. One strike and you are out is what I am told, per SEC rules for daytrading/high risk accounts. (If I am wrong or sketchy on this matter please notify me.) other than that you should have no problems...take it slow! best- F~