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


To: nick nelson who wrote (10476)11/30/1998 2:32:00 PM
From: TraderTerry  Read Replies (2) | Respond to of 16892
 
And now they have stopped letting you have margin on almost
all Internet stocks. They claim it is due to volatality.
Stopping margin on these stocks will help the shorts. Hope
that is not the real reason.



To: nick nelson who wrote (10476)11/30/1998 4:29:00 PM
From: nick nelson  Read Replies (1) | Respond to of 16892
 
Way-to-go SEC!

We are being punished for last weeks' irrational exuberance. <G> The market makers can
take the stocks up as fast as they want - but when we, the retail investors, want to short the
stocks - we are all LOCKED OUT!

We are locked out of recovering our money and the SEC and our brokers are laughing all
the way to the bank. And remember, Rubin and Greenspan are probably behind this
market manipulation. <G> One call to the major brokerage houses this morning - and BAMP,
the rug is pulled out from under traders - LOCKED OUT!.

Fortunately, many of us were not long - just trying to take advantage of an anomaly, but our
brokers made sure that they would be the ONLY ONES to profit when the market was taken
down.