DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (12902)	5/6/2001 11:51:11 PM
From: Mama Bear	Read Replies (1) of 18137

"it seems that LPS5 never did quite get you to understand the dynamics of the present rules in regards to shorting stocks now." Yes, I never accepted his insistence that what he claimed was so because he isisted that it was. I've heard lots of folks insist that things are so that weren't. I recall someone insisting that Nasdaq Small Cap stocks were subject to the bid test rule. It isn't so. I recall someone saying that the very possibility that a brokerage could be considered a daytrading outfit to be 'laughable', yet recently I found this quote from what seems to be an MB Trading rep: "the SEC has us code all of our account as pattern day trading accounts". It seems that rather than being laughable, it is the case. mtrader.com If you don't have a link to an SEC or SRO page to back up what you claim, don't bother responding. It isn't worth my time. Regards, Barb

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