SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Inga who wrote (30653)1/15/1998 11:10:00 PM
From: Daniel W. Koehler  Respond to of 61433
 
Thanks Lanny

Good idea about the macro. I assume you have a Spartan account for active traders.

The balances being updated late IS a problem. You'd think they could pseudo-post the balance immediately if there are no extraordinary concerns (margin calls, splits etc).

Their call centers are very good but I've had trouble recently with them misposting money that I wired in last friday to trade on Monday. Didn't get good funds until tuesday late so they gave me 2 free trades.

Bought some more ASND MAR 30 calls. Positive earnings --> more analysts' upgrades ----> all that Jan effect money waiting on the sidelines and we've got a tsunami!

Also heard an analyst on CNBC yesterday talk about how tech sector cycles 40 weeks trough to trough. If the tech 96 rally began mid-April 96 then we should be moving into the new up cycle . Let's hope history repeats again.

Daniel