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To: Dale Baker who wrote (3)11/16/1997 5:59:00 AM
From: Dale Baker  Read Replies (2) | Respond to of 35
 
Margin credits: this is the line on the Account Balance statement which isn't very clear. Account Equity on E*Trade is a function of Net Market Value plus cash plus margin credits (it also equals cash equity plus margin equity). I hold long and short margin positions and need some explanation how they contribute to margin credit balance.