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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (6930)	12/29/2001 4:15:01 PM
From: Larry S.	Respond to of 11568

Dan, I think one advantage of closing out positions at the end of the year is that it forces a clean up of the portfolio that has not occurred otherwise. Some stocks have been there for a long time, and it would be helpful if we all put on fresh thinking caps to pick the stocks that we'd most like to sponsor for the new year. I know that is helpful to me. It would make it more realistic to allow shorting, but, as you said, that would require a margin account. I think Ron and KT for two would be helpful in demonstrating their shorting techniques. One major caveat though, short trades tend to be more short-term in nature i believe, which would lead to greater postings. I can only add to Ron's thanks for the work you have done. It is a tribute to all of us that we have held together so long, through so many different markets. I sure hope we continue. Larry