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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (12921)	2/27/2002 10:47:38 PM
From: Challo Jeregy	Read Replies (4) \| Respond to of 26752

that's my problem - I can't do much in my IRA either. I checked about profunds - commissions are way too much for moving in and out - They've got all the bases covered so one can only be a LTBH'er - ng

To: Susan G who wrote (12921)	2/27/2002 11:52:22 PM
From: Nancy	Respond to of 26752

fido allows you to long call and put in ira. basically you can do most everything except short call and short put - that is understandable in an ira.

To: Susan G who wrote (12921)	2/28/2002 4:47:12 AM
From: lee kramer	Respond to of 26752

Challo: You can short the QQQs by buying put options on the QQQ'a...or, for a particular stock you want to short you can buy a put option. I don't know your trading style; if you day trade or swing trade, but give strong consideration to puts that are in-the-money...so that the option will move point for point with the underlying stock. You do not need a margin account nor the onerous 25k minimum imposed on "Pattern Day Traders." He's a "PATTERN DAY TRADER!"...almost as bad as being called a Pattern Child Molester.