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Re:47 million dollar margin call



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I checked with my margin dept and they couldn't deny are confirm it.

Robert




10/14/98 -0700, Neal T. Weintraub wrote:
>There is a rumor going around here in Chicago that a clearing firm took a 47
>million dollar hit.
>Can anyone out there confirm this? If it is true, I would like to notify the
>appropriate traders.
>
>neal
>-----Original Message-----
>From: FelixTY <FelixTY@xxxxxxxxxxx>
>To: Omega <omega-list@xxxxxxxxxx>
>Date: Tuesday, October 13, 1998 6:30 PM
>Subject: Re: Daytrading books
>
>
>>Books depends on your level of trading evolution to be appreciated. The
>>following is
>>my order:
>>
>>  1. Tricks by Weintraub   (shenanigans of the floor people)
>>  2. Daytradng by Crabel    (pattern analysis)
>>  3. Turning Point by Angell (dissecting  a trading day)
>>  4. Daytrading Books by Howard and Abel separately ) psychology and
>>tactics of already winners.
>>
>>Most of them gives you the background/trading environment of a day,
>>except Crabel,w/c will give you more specific  ideas on price
>>action/pattern to germinate your own. Daytrading needs even stronger
>>psychological grounding. While position trading you are more insulated
>>from the trading floor shenanigans. For example your entry in only at
>>the close.
>>
>>Normally to be succcessful, find a method first , then have the
>>discipline/maturity  to trade it well. simple but not easy. Takes some
>>time and effort. Also ask yourself, if you are already successful
>>already, THEN what will you do?
>>
>>Just my 1 1/2 cents worth.
>>
>>Cheers,
>>     Felix
>>
>>
>>Dark Hacker wrote:
>>
>>>         1) If you had to own 3 books on daytrading what would you pick?
>>>         How about a book entitled Stock Patterns For Daytraders by a guy
>>>         named Barry Rudd.  Any good?  How about Neil Weintraub's Tricks
>>>         Of The Floor Traders?
>>>
>>>
>>
>
>