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To: jjs_ynot who wrote (5288)5/4/1999 4:29:00 PM
From: TLindt  Respond to of 20297
 
>>>I understand that heavy margin calls will be going out to a lot of daytraders tomorrow who play the net stocks.

Maybe that is what causes the down spike in these things....broker pays 50 cents on a dollar pop!



To: jjs_ynot who wrote (5288)5/4/1999 5:13:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 20297
 
Why would a daytrader get a margin call? In order to get a margin call, one is required to take a margined position home overnight. Anyone who takes a position (margined or not) home is not getting a margin call from daytrading.

Barb


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