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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: vampire who wrote (90374)3/29/2000 11:31:00 PM
From: SouthFloridaGuy  Read Replies (1) of 108040
 
Dude, there is a whole other world you have no idea about.

The "real" day traders are licensed with the Series 7 and Series 55 (Registered Nasdaq/OTC Trader).

<<wrong - OTC stocks may be shorted on downticks by anyone unless they are NASDAQ, which can't - though i
believe mm's still can>>

I know that, I never said otherwise. Nasdaq CANNOT be shorted on a downtick unless you can go up on a "married put." MM's DO have their Series 55 and this is how they can short the downtick.
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