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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Claude who wrote (61980)	3/23/2006 5:52:11 PM
From: Bearcatbob	Respond to of 206095

Claude, I use Ameritrade. If the stock you sell has been held for some period - I believe 3 days - you can use the funds immediately. If you bought it yesterday - and sold it today - you could not use the funds. I had a problem with this and got the answer. Bob

To: Claude who wrote (61980)	3/23/2006 6:21:20 PM
From: Tommaso	Read Replies (1) \| Respond to of 206095

In my IRAs I have always been able to sell and buy immediately. Of course, that's cash, not margin. Sometimes I have been charged a negligliby small margin interest, which I do not understand, since margin trading is illegal in IRAs. But maybe this is not what is under discussion. EDIT: I see it IS under discussion. Well, Quick and Reilly permitted it, and Banc of America Securitites allows me to immediately reinvest proceeds of any sale.

To: Claude who wrote (61980)	3/23/2006 7:18:15 PM
From: ridingycurve	Read Replies (1) \| Respond to of 206095

Waterhouse allows the immediate use of sales proceeds as long as the purchase has settled, or so I was told yesterday by a Waterhouse rep. Edit: Just to be clear....the purchase "of the security sold" has settled.