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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: PMS Witch who wrote (19537)	4/2/1999 10:12:00 AM
From: t2	Respond to of 74651

OT--TD Greenline is certainly the best I have dealt with in Canada. It is the only one that is flexible in trading within RRSPs. That is, you sell your US securities on settlement on the last day of the month and buy for settlement on the first day of the following month. This way, you: 1. Don't get charged the foreign content penalties,and 2. You don't lose out on currency exchanges. Otherwise you lose 2% on a sell and then a buy of US stock. This is accomplished by taking the proceeds of the sale and putting it into the US Money Market Account, which believe or not is considered a DOMESTIC HOLDING!! They will offset the exchanges on buy of the money market and sale of the security. You have to advise them to do this(offsetting of exchange rates) as it won't happen automatically. Then you follow the same procedure with the sale of the money market and buy of the US stocks. Greenline is the only one that will do this and that is why it is by the far the best for trading US stocks. In the process, you can stay in the US market to a higher degree.