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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Barronio who wrote (19095)3/10/1999 12:50:00 PM
From: HRAKA  Respond to of 122087
 
DLJ's limit I beleive is $3.
Hraka



To: Barronio who wrote (19095)3/10/1999 12:52:00 PM
From: Mama Bear  Read Replies (2) | Respond to of 122087
 
"so it coincides with the limit on marginable stocks and makes their bookkeeping easier."

$5 limit on margin is also a house rule. I used to be able to go long on margin at 4 1/8 at Waterhouse, although they changed that to 5 recently. I used to be able to short listed stocks at Datek at any price. One of my better shorts by % was a short of KRY at 1 1/16, covered it at 7/16 after the court ruled against them.

Barb


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