went through all that stuff about daytrading rules and equity awhile back, hope you don't get a daytrading equity margin call, because if you can't answer it, then your account becomes cash, meaning you got to wait 3 days before you can trade with the proceeds of any trade.
Also,nice callon the NFLX. You amaze me when you call it and it happens like you say. That is what I need to learn.
by the by, lmho has nothing to do with my "humble opinion". I laugh my head off not the other end.
"child-eater?" Where have I heard that before? lmho.
Good call Hogwash. "if it fills the gap?" Filled up. Bought some at 7.40 pressed enter and it dropped like it was my trade that broke it. Bought more at 6.80.
Got a nasty-gram from my broker. Says I don't have enough cash to be a pattern day trader so I have to hold it overnight, I guess.
could be wrong, but don't think this washout is the end of the momo. With all the media coverage of the terrible disaster in South Asia, think this has room to go still, especially during the holiday week. Not making a big bet here though, and will continue to concentrate on my bread and butter plays like I did today with NFLX.