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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (2449)11/11/1998 4:01:00 PM
From: Jay Lyons  Read Replies (1) of 43080
 
Stop! You're both right!

Depends on the broker. Fidelity, for instance squares at the end of the day. As long as your under your limit at 4:00, nobody comes knocking. MB, on the other hand, won't let your trade go through if you don't have the cash. Datek will let the treade go through, then the send out Big Vinie in three days.

Jay
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