bullets getting shot

[burnin]

sayronara, asta la vista,,,,, it was fun while it lasted.

 

[pspr]

What happened? Remember, there is life without trading.

 

[ortega]

are conversions gone as well?

 

[klein]

conversions are included in the rule

http://www.sec.gov/rules/interp/34-48795.htm

 

[sammybea]

I am sure some daytrading companies will still figure out a way to still do it.. Its just too vital for money makers in the business.

Quote from klein:

conversions are included in the rule

http://www.sec.gov/rules/interp/34-48795.htm

 

[Htrader]

hmm, and i was about to open a new account just to get bullets.

It always seemed like a big loophole anyways.

 

[gimp570]

This could F' up the stock market...They are going to be missing out on a bunch of liquidity....When is the new short sale rule going to take effect? Anyone know?

 

[ortega]

Quote from gimp570:

This could F' up the stock market...They are going to be missing out on a bunch of liquidity....When is the new short sale rule going to take effect? Anyone know?

Another trader in my office said possibly in late January.

 

[gimp570]

Quote from ortega:




Another trader in my office said possibly in late January.

But the new short sale rule only applies to 100 stocks as far as I have heard

 

[dafugginman]

gr8trader just sent this out this morning


"Effective immediately married put transactions & conversions are suspended pursant to SEC Release on 11/17/03. SEC Memo: http://www.sec.gov/rules/interp/34-48795.htm"