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Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: Rene Madsen who wrote (6911)	2/20/1998 6:23:00 AM
From: Alexander Pavlov	Respond to of 16892

<< Maybe it's a stupid question, but why would anybody want to do that? I mean - if you're unsure of what way it goes, it would seem most sensible to me to stay well clear of it ... perhaps I can learn a new trick here??? ;-) trung: "two are mine - for strange (sometimes stupid) trading strategies like shorting the same stock on one and long on the other." >> Rene, This trick has its name - "Shorting against the box". As a trading technique it allows you to go short even on down tick - all you need to do, just close your long position. There are also some tax-related issues. You can get more info at invest-faq.com Regards, Alex