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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: steve goldman who wrote (2738)	2/1/1998 1:42:00 PM
From: xstuckey	Read Replies (3) of 12617

"similar to Xstuckey's shorting the INTC he has at lower levels....At very worst, he has the long stock to cover his short." Hi Steve, This is an inaccurate statement. When I go short I short twice as many shares as I hold long. While 1/2 of the position is a short against the box, the other half is a short as naked as it gets. This has a net effect of taking my entire position from long to short, with the same net number of shares being held short as were originally held long. Just wanted to be clear on this. Best Trading, X

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