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Technology Stocks : Osicom(FIBR)
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To: lisa who wrote (4769)1/25/1998 12:19:00 PM
From: Mama Bear  Read Replies (2) of 10479
 
>>>BTW, did you know over 60% of all shorts and option positions lose money?<<<

I must be a very talented short seller, as I was well over 90% successful last year. A little better if you mark to market and count my still open AVNT and ENML shorts.

I think you're mixed up on the options as well, believe it's better than 70% expire worthless. Expiring worthless would mean that 50% of the positions that held to expiry lost, as there is an equal number of long and short positions in the options market. Also, more than 75% of options are profitable at some point in their life. The problem with options is that most people get greedy, that's why they lose.

Barb
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