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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (8081)8/25/1998 8:26:00 PM
From: James Wright  Read Replies (3) | Respond to of 29382
 
The only money I'm making these days is shorting stocks. I can only do this, however, with my regular account at Datek, which is up about 20% in just the last couple of weeks by shorting. Unfortunately, Datek will not let me short with my SEP-IRA account, where the bulk of my money is sitting.

Does anyone know of a good online discount broker that lets you short in an IRA account? Do IRS regulations even allow this?

-- Jim



To: Magnatizer who wrote (8081)8/25/1998 9:28:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
David I think we are missing something in translation---on 8/20
I posted a warning not to invest in ABTX at this time,the post was to you as I had to click on a name,any name,it wasn't directed at you--
are you in some downhillers David?If so my deepest condolences and I mean that!--- o,yes,I in no way was AT THAT TIME engaging in humor as
I knew there were several people thinking of plunging into ABTX last week,and I saw trouble--Good Luck.Max