Have a lot of long positions in CSCO, GOOG, QCOM, BAC and so forth. Use the DIA as a hedge against all my long positions in case of some bad news. Sometimes I cover right away and short again if the market warrants such action. Could not close out my short position either. Could not even add to the short position this morning when the market was running up. Pisses me off. I am an elite trader with Ameritrade and got the same BS answer. Used up some of my buying power too because I couldn't close out my position. Lets see what happens. Will switch to Scottrade if they don't rectify this ASAP.
this DOES seem like a crime. Who is responsible if one incures losses because of it? AMTD told me that I should have been notified that this was coming but I don't remember hearing anything about it. Did anyone else?