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To: slipnsip who wrote (8449)7/2/1998 7:31:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Box it. That way you can come back later when no shares are available. The capital
requirements are very low.. Heck I am at less than 5%.. To think, I was bumming when I
boxed at 83.. In hindsight, I saved myself 30 points which would have completely wiped
me out.. As it stand now, when I unbox, I will have to close some of my shorts just to
meet the mainanence margin if it goes any higher


David,

The problem is both brokerage firms I use require the additional equity for the long position as the short. Therefore, boxing is not financially feasible now. It was a good idea at one time. I very much appreciate your suggestion.

Glenn