Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: David Petty who wrote (18318)	3/8/1999 5:04:00 PM
From: TradeOfTheDay	Read Replies (1) of 122087

Hi David, You will find that every single firm is different about what is shortable. There are 2 different sets of rules - there are the fed rules ( and most firms are all the same on this)... and then there are the individual firms whims of the day. Right now, Datek either marks almost everything NOMARGIN ( thus not shortable ) - or if it is marginable in their eyes, they go ahead and stamp it NS= no short. And there is no bargaining, no trying later... that's it, that's ALL. Very few firms in the US will let you short under $5... that is pretty much generally accepted. The rest of the rules get fuzzier from there. Bev

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