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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (29)1/1/1998 11:41:00 PM
From: Michael  Read Replies (2) of 18691
 
How does one compute ones yearly percent gain on shorts ?
On average I had $100,000 in short sales.
On average I had $40,000 in long positions.
I made $6,000 on longs for a 15% return.
I made $66,000 on shorts, but short sales only require marginable equity to establish.
You can short with no money down.

Short Zitel to Zer$00000000
Your Friend, Michael
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