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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (25565)4/8/1999 10:25:00 PM
From: JeffA  Respond to of 90042
 
Ah now I don't see any clearer. Thank you anyway. Back to reading!

I think I am going back to cash. I understand that. I will hold AFCI and since I borrowed against FORE I know I won't get a margin call:)

Still such a newbie in this. Does anybody else have these problems or are you just smart enough to be quiet about them? LOL

Thank you again Tim



To: Tim Luke who wrote (25565)4/8/1999 10:32:00 PM
From: Densiebj  Read Replies (1) | Respond to of 90042
 
New to SI---have been a lurker for sometime

Thank you for FORE Tim
Adding more IDTC tomorrow GO!!!!!!!!!!!!!!!



To: Tim Luke who wrote (25565)4/8/1999 11:50:00 PM
From: margin_man  Respond to of 90042
 
It all depends on how much day trading power one has on that day.
At least with my discount broker, I can sell a stock (held on
margin overnite) and buy the same stock back as long as it's within
my daytrading power. If the trade is over my DT power, I will have a
daytrading call in my account.

When I sell a stock, my DT power also increases in some amount.

P.