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To: Kevin Podsiadlik who wrote (2850)9/8/2000 11:50:29 AM
From: Cogito  Respond to of 4155
 
>>I was under the impression that it was only legal to sell short on a downtick.

That's backwards, it's the upticks that they only permit short sales on.<<

Kevin -

Yes, of course you are right. It wouldn't make any sense the other way, would it?

As I said, I'm not a trader at all. Never sold short in my life. Thanks for setting me straight.

- Allen