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To: George Muniz who wrote (25)	10/10/1998 3:55:00 PM
From: LiveWire	Respond to of 58

George, I think it would be beneficial to explain the rule here that would invoke a day-trading call as it would pertain to your example in the previous message. What would happen if I held IBM overnight, sold it the next morning, and then bought and sold it again again? Thanks, Steven

To: George Muniz who wrote (25)	10/21/1998 12:03:00 PM
From: Rashid Garuba	Respond to of 58

George, I see the benefit of the extra margin. However, besides the difficulty understanding the margin levels there is one other disadvantage. A couple of day ago I bought EGGS on full margin and held it overnight. I planned on selling at the peak the next morning. I did and would have liked to short it with full margin but the system allows zero margin in this situation. I would prefer the option of a normal 2:1 margin account with no complications, a logical preference considering my experience thus far. You have done your best to accommodate me though. regards to Mack, Karen, and Heather (does she look as she sounds??) Rashid