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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (20656)6/18/1998 11:46:00 AM
From: jef saunders  Read Replies (1) of 94695
 
James, when i ask someone if they are short the market,
i count owning puts as being short the market. i understand
the difference between being short and owning puts...
perhaps i should rephrase my question to "are you
betting on the market to go down".

when i read this thread, i try to understand what people
are actually doing ...if they are betting on the market
to go up or down. partly because i don't read english
too well i suppose, but i have a tough time understanding
if people really are long or short (puts or calls) or on the
sidelines.
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