red -239

 Now today is just a bad day, don't you hate it when your fingers are on the wrong keys?  But besides that...I'm holding a bunch of losing stocks today....just sucky stuff.
added MCD @ 71.78

A copy of the complaint to the Securities and Exchange commission I sent this morning to complain about their insane Pattern Day Trader rule.  One copy went to Mary Schapiro   (Chairman)  and one copy to their general on filing a complaint about bad securities practices.
It is terrible to have a profit and be restricted from doing the wise and prudent move of taking your profits.  I listed Mary Schapiro as the person or frim I had a complaint against.
It's all in a  day's losses, cause the government won't let you have a day's profits.


Hello

August 10th 2010 I purchased shares in the following companies:  ALTR, SVR, TIE, VRX, FMS, SWKS,MCRS.  I had a profit in all of these purchases.....but the U.S. Securities and Exchange Commission rules would not allow me to sell these securities at a profit.  It would make me a pattern day trader, and since I do not have the  required 25,000 in capital, it would have frozen my account to take my profits on this day..SO IF I SOLD AT A PROFIT MY ACCOUNT WOULD HAVE BEEN FROZEN BY THE S.E.C. RULES.
Today, August 11th 2010  the market opened down 200 points, now all of those stocks I could not sell yesterday are down 9 times the profit I had yesterday.
This pattern day trader rule is absolutely absurd.  It does nothing to help investors.  The market moves wildly, where 200 point Dow moves are the norm.  Yet your rule continues to hinder investors from taking a profit or worse, forcing us to hold a losing stock until the next day.
This pattern day trader rule causes more small investors more losses than you can even imagine.  Where else could you be told "you can not sell your investments the same day you bought them, no matter the gain or loss... give us more capital or you can not invest any more for the next 90 days.

Please re-evaluate this "Pattern Day Trader Rule"  it is a terrible thing!

Other stuff:  Payroll tonight...oh wait, that's work.  Hmmmm, ya I got nothing.