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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (4095)1/8/2000 5:20:00 PM
From: Kayaker  Read Replies (1) of 24042
 
OT RRSP and trading--foreign content and US moneymarket funds.

t2, thanks for the additional info. I didn't know TD was the only one allowing this. I've never been clear on exactly how the over-20% penalty is calculated. I know it's 1% per month on the overage. So it is calculated on the last day of the month? Does this mean if I buy some calls on the 10th (and go over 20%) and sell them on the 20th, I won't get penalized that month? If I do get penalized, do they just hit me for a straight 1% on the overage, or do they prorate it since I was only over for 10/30 days? Questions, questions, questions. <ggg>

Thanks,
Yaker
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