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WhiteSahara

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WhiteSahara

Re: Star Gazer post# 83854

Tuesday, 03/27/2012 4:06:42 PM

Tuesday, March 27, 2012 4:06:42 PM

Post# of 118203
Yes. The negative to a Cash account is it takes three business days to settle the buys/sells before your cash is available to purchase any securities.

I'd strongly suggest you contact your brokerage and get their policy on margin/cash accounts and shorting procedures.

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