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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: FrozenZ who wrote (31872)	4/21/1999 7:29:00 PM
From: MaryinRed	Read Replies (3) \| Respond to of 122087

Well..let us hope I did not inadvertantly break any rules... today...I had a rude SHOCK: I sold 1400 shares of CMGI in my Roth...@ 232....with the plan to buy back at 228... I was feeling pretty darn smug...as the price approached 228..so I popped in my order...and was REJECTED!!! Apparently...there is some rule..that you can't REBUY an overnight position that you have sold that day....UNTIL the NEXT day. So.....I lost about $20 K in profits ....but I used the cash to buy some other things......so...managed okay.... but what a shock! Mary