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

To: Brentsky who wrote (610)	5/15/1998 11:38:00 AM
From: William W. Dwyer, Jr.	Read Replies (1) \| Respond to of 3216

Brentsky, Regarding zero percent interest on margin accounts closed by the end of the day, I have found that many brokers seem to operate this way. As long as you're daytrading, them never seem to charge you interest on your margin accounts, shorts, etc. It's only when you hold overnight positions that they seem to have to charge you interest. Not a bad deal. Let's you have good buying power, generally double your cash balance, for no apparent charge. By the way, I think CyberTrader version 1.6 may be a good while before being available. I understand it's ready now, but there are some issues the company needs to resolve before it can be released. From what I know of the issues, I do not expect it's release for weeks or months. Just my opinion. I hope I am wrong <g>. Bill