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To: Cube who wrote (1071)	8/27/1998 2:06:00 PM
From: Mike Maxton	Read Replies (2) of 3015

Shorting is almost always this much fun! ;) Boxing is a method to protect your short gains if you are unsure of the direction of the stock for a short time. It just means buying an equal amount of shares as those you have shorted (not buying to cover, but buying shares to put you in a neutral position). This allows you to keep your short shares so you don't have to worry whether the stock will be available to borrow later. Once you feel comfortable that the stock is heading bacdk down, sell your long shares and you take advantage of the downward movement. mike maxton

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