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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (2183)	11/22/1998 10:21:00 PM
From: CanynGirl	Respond to of 7382

My understanding (though I could be wrong) is that if you hold a stock overnight, sell it, then buy it again, your reg t requirement for that stock is no longer available. So, if you only held one stock overnight, sold it, then bought it back (doesn't matter if you sold it again), the amount in the reg t requirement is not available. Only 2x the beginning equity - the reg t is available to trade. Unfortunately, the system evidently doesn't catch that and you can go over. Thereby creating a call to deposit money. So you need to track it or don't trade a stock you hold overnight.