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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: David R. Parker who wrote (3219)	6/10/1998 7:23:00 PM
From: Alf	Read Replies (1) \| Respond to of 4969

Dave No such thing as a stupid question ! As far as I know there is no limit on the time that you can have a short position. There are always exceptions though and I have heard of circumstances where you are forced to cover a position. There has ben some debates on the CFON thread as to what happens when the stock falls below $ 5 - now the stock is no longer marginable and you might now receive a margin call. Tim

To: David R. Parker who wrote (3219)	6/11/1998 7:57:00 AM
From: steve goldman	Respond to of 4969

You can not borrow you own stock to sell short. I do not believe there is a regulation that limits time frame, but it is more a matter of whether the firm gets the stock called and therefore must call the borrowed stock from you. Call your firm and ask if they have a time frame. I know we do not have one. -Steve