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mimurray

09/24/10 11:04 PM

#122900 RE: Wooden Indian #122899

You're not buying anything on margin, but you are trading from a margin account. Which is different than a regular cash account. In a cash account when you sell shares of a stock you can not reuse those funds until they settle in 3 days. When you sell those same shares, but from a margin account the funds are available immediately.