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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Sirius_Rich who wrote (5219)2/22/2005 8:50:10 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Hi Rich,

<< But allowing that I cannot short in my IRA's... >>

Actually, there are no restrictions against taking short positions in IRAs except for naked short positions.

I don't trade options in IRAs, but this is possible. I do take short positions via mutual funds, in fact for the past week or so I have had a pretty sizeable short position in several retirement accounts against QQQQ, via mutual funds leveraged 200%.

T



To: Sirius_Rich who wrote (5219)2/22/2005 8:50:37 PM
From: Vendit™  Respond to of 8752
 
Rich,

I have been preoccupied with some projects today. I tend to do that when I see the market flush as it did.

I’ll do a chart and post it in the morning that will give guidance; unless Terry beats me to the punch.

Reid


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