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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2738)	2/1/1998 1:42:00 PM
From: xstuckey	Read Replies (3) \| Respond to of 12617

"similar to Xstuckey's shorting the INTC he has at lower levels....At very worst, he has the long stock to cover his short." Hi Steve, This is an inaccurate statement. When I go short I short twice as many shares as I hold long. While 1/2 of the position is a short against the box, the other half is a short as naked as it gets. This has a net effect of taking my entire position from long to short, with the same net number of shares being held short as were originally held long. Just wanted to be clear on this. Best Trading, X

To: steve goldman who wrote (2738)	2/1/1998 7:45:00 PM
From: TFF	Read Replies (2) \| Respond to of 12617

Steve: Reading this post reminds of my old days as a broker. Always cautioning clients of the possible risks of doing anything other than diversified long term investing. Day Trading should be viewed as a BUSINESS not some form of investing. Day Trading involves one's full time attention. It involves assuming risk, the same way ANY businessman assumes risk. The REAL question to reader of this thread is "do you have the desire to devote your life to the pursuit of FULL TIME Day trading? if so, avoid all those who say it is impossible or too risky. RISK = RETURN End of story.