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Non-Tech : MB TRADING
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To: Sword who wrote (3070)1/4/1999 11:54:00 PM
From: wily  Read Replies (1) of 7382
 
>>If you buy the same stock at the end of the
day to hold overnight the SEC considers that to be the same as never
selling it in the first place

then why do some firms insist that you can only "substitute" with a different stock using proceeds from an overnight position?
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