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Pastimes : Organized Shorts - Could be watching your stock.

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To: JGoren who wrote (236)12/8/1998 8:37:00 PM
From: Phil(bullrider)   of 271
 
JG,

I, in my limited history of trading, have come to realize that the only advantage of boxing is when you are short and your position is going against you. You box to avoid losing your borrow.

IMHO, since you can always buy, it does not benefit you to box to protect gains, since if you sell long shares, you can always buy them back.

However, if you are short, and cover, you cannot always get the borrow if you want to go short again.

Hope this helps,

Have fun,
Phil
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