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

To: upanddown who wrote (841)	3/2/2001 2:47:40 PM
From: Don England	Read Replies (3) \| Respond to of 23153

john, i knew i needed another broker! i'm with msdw. they did warn me, by mail, but i never open the mail from them and didn't even know the rule existed until it was too late. who are you with? i am seriously thinking of changing next time i get out of equities into cash. don p.s. last hour is upon us like a spell. an evil spell woven by mean-spirited, nasty, brutish profit-takers? or a good spell of golden-haired believers and buyers? oy vey, pass the gin and gimme another zantac. jqp, it wasn't a margin issue. there really is some obscure sec rule about this. if you buy, sell the stock, and buy back in in the same day you are in violation.

To: upanddown who wrote (841)	3/2/2001 3:23:59 PM
From: CommanderCricket	Read Replies (1) \| Respond to of 23153

It happened to me last fall. I have a TD Waterhouse IRA and they never explained why they locked my account. I made such a stink that they came back a week later and said "sorry, trade away". TD Waterhouse never explained other than "you can't day trade in your IRA" which was crazy since they have been happily accepting my commissions for over two years. In fact, they just gave me NASDAQ, level II because of my trading activities. They shouldn't do this if they don't want you to trade in your IRA. Thanks for the post. I now better understand what happened.