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To: Bob Walters who wrote (934)	12/8/1997 8:52:00 AM
From: Art C.	Respond to of 6654

Bob--The terminology can be confusing, especially the way some of the posts on SI are written. Actually if you are short on a stock, or if you have shorted it, you have taken some action with the market that you are betting that it will go down. If you take a long position such as buy a stock or call options on that stock, you are betting that it will go up. Art

To: Bob Walters who wrote (934)	12/8/1997 9:00:00 AM
From: CO	Read Replies (2) \| Respond to of 6654

Bob, It just takes time to learn the terminology. You are right, short term and long term do refer to how long you plan to hold a stock. Long term just means that you are planning on holding the stock for a while. Short term means you do not plan to hold the stock for too long of a time period. When you are short in a stock, it means that you are hoping that the stock price will go down. It is a completely different process from buying a stock. It has nothing to do with whether you are at a profit or a loss on a stock. Here is a good site for obtaining some information. They have a glossary for stock terms, along with other information. The 13 step Dow Approach is good reading. fool.com Here are a couple of other glossaries that are also a good place for learning investment terminology: cbs.marketwatch.com webinvestors.com I hope this helps. :-) Cheryl