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Strategies & Market Trends : Paper Trades -- Ignore unavailable to you. Want to Upgrade?

To: stockid who wrote (6)2/26/1998 10:52:00 AM
From: Stephanie M  Read Replies (1) | Respond to of 52
 
SK,

Thanks for explaining, I understand now. If you short a stock
EX: current price 60.00
Put and order to short at 59.00
It goes down you made money
Correct.

TIA
Steph



To: stockid who wrote (6)2/26/1998 8:29:00 PM
From: Sheri  Read Replies (2) | Respond to of 52
 
I know what shorting is, just hard to figure. For example, I'd have thought AOL was overvalued, (PE of 457) but yet it keeps climbing. Go figure.....

Sheri

PS: Now no one get started in a discussion on AOL's merits, just used as an example.


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