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Strategies & Market Trends : Three Amigos Stock Thread

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To: Magnatizer who wrote (8081)8/25/1998 8:26:00 PM
From: James Wright  Read Replies (3) of 29382
 
The only money I'm making these days is shorting stocks. I can only do this, however, with my regular account at Datek, which is up about 20% in just the last couple of weeks by shorting. Unfortunately, Datek will not let me short with my SEP-IRA account, where the bulk of my money is sitting.

Does anyone know of a good online discount broker that lets you short in an IRA account? Do IRS regulations even allow this?

-- Jim
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