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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?


To: Mike Schoonmaker who wrote (7427)3/19/1998 7:37:00 AM
From: Robert E. Bailey Jr.  Respond to of 16892
 
Hey, as long as the CALCULATE the figures vs. pulling them out of their butt.
My portfolio showed

$8,253.25 REAL CASH BALANCE,
$54,256.50 CURRENT BUYING POWER

and yet I am told I am short $504.23 for a $7,610 order.

HOW do they decide if I have enough equity in my account to make a trade? That's what I want to know.