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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Brooks Jackson who wrote (2994)2/14/1998 12:28:00 PM
From: Peter H. Hodge  Read Replies (1) of 18691
 
Brooks: it seems that one of your main criteria as to the selection of an online broker is support of Q98. Perhaps you should rethink that point. As I and others have pointed out, Datek seems to always have shares to loan. They also allow marginability on stocks near or slightly under $5.00 where other brokers do not. This allows shorting. One profitable short sale in an issue Waterhouse or others don't allow should be enough incentive to either do the bookkeeping yourself, or should provide the funds to hire an account to do it.

JMHO, and FWIW....Pete
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