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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: CountofMoneyCristo who wrote (630)	6/29/1998 2:20:00 PM
From: James B. Ditsworth	Respond to of 1729

I believe all you need to do is enter in a sale transaction for the stock. Since you don't already own the stock, Quicken won't ask you which lot you are selling as it usually does, and correctly interprets your sale as a short sale. Later, when you buy the stock back to cover, you enter in your buy transaction. I have used this method for selling covered calls (and buying them back at $0), not for short sales, but I believe the procedure is the same. Easy!