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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: JK who wrote (3289)	1/29/2000 4:42:00 PM
From: SJS	Respond to of 4710

Talk to an accountant or CFP. It's really very simple. You can do almost anything allowed by whomever manages your account. For example, I don't have margin for my IRA and I've been told it's not a possible to have it. I trade with Fidelity. I think that's not their specific rule, but the IRA rules they've been asked to implement by the government (IRS/SEC?). Those rules are probably ubiquitious for all IRA. So......without margin, you can't: 1) Sell short 2) Write equity puts 3) Write index puts 4) Do complex option transactions Other than that, have fun. Remember, no wash sale rules apply. Buy and sell all you want. Steve