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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: the hube who wrote (32516)9/28/2000 1:08:02 PM
From: LindyBill  Read Replies (1) of 54805
 
technically, you are buying the new stock on margin until the proceeds from the prior sale clear. Since margin isn't allowed in an IRA account,

I agree with your reasoning, John. But my account at Schwab is a 401, and I buy and sell the same day without a problem.
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