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Strategies & Market Trends : From the Trading Desk

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To: Ira Player who wrote (2915)	4/23/1998 6:08:00 PM
From: Spots	Read Replies (1) of 4969

>> The issue is regulatory methods that prevent the effect. You're certainly correct that there's a practical limit, and I am definitely not in favor of excessive regulation. And yet there's a very bothersome aspect of all this. I hope Steve can find us a definitive answer. If the answer is "it can happen" (this ghostlike multiplication of the float), it's another weirdie that the practical unlikelihood reduces but doesn't eliminate to my mind. As Nukeit said, "The more I learn the less I know." (Good phrase, Nukeit.) I thought I understood shorting and short interest. Little did I know ... (literally). Don't you just love the markets? Who needs games or TV? Couldn't get any more interesting. Spots

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