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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (7690)	9/21/1999 1:11:00 PM
From: Eric P	Read Replies (1) \| Respond to of 12617

Simple answer to that is to park cash in t-bill and trade off margin intraday at no cost. Not a workable idea for position traders though. I agree with you there, although this would not be workable for people considering the Watley Free program either. I believe this newly announced program requires at least $20k of free cash in the account. I haven't tried using T-bills in the account. Let me ask you a question. Assuming a $100k account and the purchase of a $100k T-bill, how much buying power would the trader have? I assume it would be $100k, not $200k. Is this correct? Thanks, -Eric