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Politics : Formerly About Applied Materials
AMAT 322.06+5.9%11:44 AM EST

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To: advocatedevil who wrote (64202)6/4/2002 5:34:43 PM
From: Sam Citron  Read Replies (1) of 70976
 
AD,

I don't mean to intrude into personal matters but I don't quite understand the relationship between the family account and your personal account. Since you personally represent only a certain % share of the "family account", when "they" are long 3500 shares and "you" are short 3500 shares, "you" are effectively net short. Right?

You have alluded to having "more shares to play with" if the family account is net long, and your trading history indicates a reluctance to take a short position in your personal account that is larger than the existing long position in the family account. Why is your trading in your personal account affected or limited by the position in your family account at any given moment?

Also curious about the decision-making structure of the family account.

Feel free to decline to answer if any of this is too personal.

Sam
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