Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 476.24

+0.3%

3:59 PM EST

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To: bobby is sleepless in seattle who started this subject	5/21/2002 9:30:52 PM
From: _scar_face_	Read Replies (2) of 26752

Basic couple of questions. Can someone take a short position on margin? It is just selling shares not already owned with no time variable? When selling short (selling a stock not owned I believe?), then all you need to do is buy back equal shares to close it, then sell it again to realize the gain or loss - which would be 3 transactions correct? If this is true, someone can't sell short a position which they already own (it would just sell part or all of existing holding)...is this right too? TIA PS Susan, where do you think this market is headed on the upside and downside during '02?

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