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Re: pennyjunkie post# 14245

Tuesday, 05/22/2007 4:22:36 PM

Tuesday, May 22, 2007 4:22:36 PM

Post# of 76394
An SEC designation applying to any individual who buys and sells a particular security in the same trading day at least four times in a five-day period, and for whom same-day trades make up at least 6% of the trader's activity during that period. Pattern day traders are subject to special rules.


that was confusing..... so u cant flip more than 4 times a week basically or cant flip with unsettled money?



Certain information included in this communication contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, p