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Technology Stocks : CustomTracks Corporation (CUST)
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To: JoF who wrote (1441)7/13/1999 8:33:00 PM
From: Tai Jin  Read Replies (1) of 2514
 
You need a broker that allows you to have both long and short positions in the same stock, or you can have your shorts at one broker and your longs at another. When you box your position, you lock in whatever gain (or loss) you have at the moment and have an effectively neutral position. From that point on changes in price do not affect your equity until you unbox (selling your long shares or covering your short).

You can also write put options against your short positions.

...tai
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