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


To: Sword who wrote (3070)1/4/1999 11:54:00 PM
From: wily  Read Replies (1) | Respond to of 7382
 
>>If you buy the same stock at the end of the
day to hold overnight the SEC considers that to be the same as never
selling it in the first place


then why do some firms insist that you can only "substitute" with a different stock using proceeds from an overnight position?



To: Sword who wrote (3070)1/4/1999 11:55:00 PM
From: mr.mark  Read Replies (1) | Respond to of 7382
 
sword,

thanks for the margin tutorials, the original and the revised :)

mark