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To: Nazbuster who wrote (791)8/27/2000 10:08:29 AM
From: Dave Bissett  Respond to of 1001
 
My understanding of the rule is that cannot rebuy and hold overnight again, altho you can rebuy and liquidate same day. I got this clarification by phone from one of their traders months ago, so if it's changed I'd sure like to know. It's still a policy that limits options but at least it gives you the opportunity to profit from the bounces you infer.

dave


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