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I don't think you can short in an IRA. IRA's are not allowed to use margin
and I believe shorting is considered "borrowing". I could be wrong. I just
know that I had to get "margin" approved in order to short at Schwab, Datek,
and Etrade. Options should be a different matter so put-buying would be a
valid option.
Kent
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock User Group <metastock-list@xxxxxxxxxxxxx>
Date: Tuesday, April 25, 2000 2:21 AM
Subject: Brokerage firm question???
List,
We're looking for a brokerage firm that will let us go short in our IRA
accounts. I seem to remember seeing posts here about that topic. We may
want to do some options as well (both puts and calls).
Thanks
Guy
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