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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: excardog who wrote (838)	3/2/2001 2:33:05 PM
From: Don England	Read Replies (4) \| Respond to of 23153

glad to see i'm not the only one to strain the credulity of this being a 'family thread'. i was on the edge of grievously blundering, so i offer a warning to others who may not be aware of the danger. absolutely do not sell a stock and then buy it back in the same day in an ira. there is some obscure sec rule forbidding day-trading in iras. i broke it last year and did lose all my online trading priveleges for a ninety day period. your entire account becomes unavailabe online. you can do all the usual stuff, but must use the phone. i got so disgusted i just didn't trade for 3 months - probably helped my bottom line a lot! if you get stopped out of a stock you want to own, have a backup in place to buy in to. don