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Strategies & Market Trends : Roger's 1998 Short Picks

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To: BDR who wrote (6543)4/8/1998 12:07:00 PM
From: Mama Bear   of 18691
 
>>>Somebody correct me if I am wrong but I understood that IRA funds can only be held in a cash account and not a margin account, thus eliminating the possibility of shorting and option trading.<<<

Margin, and therefore shorting individual stocks is not allowed in a qualified plan, but options trading is done on a cash basis, and is allowed. Most brokers won't let you do anything but short covered calls though.

Barb
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