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billco

08/11/03 2:33 PM

#139602 RE: kmjb9763 #139596

If you are interested, Noble Trader will allow you to use your cash immediately after you sell the stock, i.e, trade as much as you want intra-day. $10 per trade or a penny a share, your choice, AND, they allow you to short!! Those guys are very "day trader" friendly. I have no affiliation with them other than being a happy client. In my opinion, their customer service is outstanding. Hope this helps.

Bill C.






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Newly2b

08/11/03 2:37 PM

#139604 RE: kmjb9763 #139596

Actually I don't know.

I trade four different IRA accounts and two margin accounts daily, and usually just look at beginning day balance on the IRAs, and when that's gone trade in a different account (for tax reasons, I prefer to trade in the IRAs first, except for scalping which I do in the margin accounts for same-day funds). As I do this every day, and several of the accounts have fairly hefty balances, it is not important to me how long the IRA trades take to clear so never bothered to find out.

Sorry, just don't know.

Newly