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To: Jill who wrote (299456)	12/17/2004 4:43:35 AM
From: zonder	Respond to of 436258

I don't know what you call a "relatively short term trader", but the way we short stocks is by selling naked calls on them, getting the premium, and usually, letting the options expire worthless - i.e. without covering them. Considering that we generally sell calls for a 2-6 month expiry, you can safely say that we have a 2-6 month horizon. And that we don't really "trade". Similarly, we sold TASR calls on three occasions and GOOG calls on one occasion, with pretty good premiums. All of those are expired right now, with handsome profits for us. I hope that helped clarify our "trading" in your mind. Let me know if, in the future, you need explanations to further such penetrating observations. We would not want your relative intelligence assessments of SI posters to be superficial and capricious, now, would we?