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To: sun-tzu who wrote (153584)2/27/2002 2:49:09 AM
From: ild  Read Replies (1) | Respond to of 436258
 
I'm long JOF and JEQ so I'm glad they are squeezing those f*ing shorts.



To: sun-tzu who wrote (153584)2/27/2002 10:36:27 AM
From: LLCF  Respond to of 436258
 
<as soon as they ban shorting trading becomes even easier. just buy an equal amount of puts and calls with the same strike price and same expiration. the volatility will create a huge winner.>

NOT! International bank after bank left HK after they took steps like that precisely because you could no longer hedge the puts and calls. It's hard to value them and they get real illiquid.

DAK


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