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To: Fredman who wrote (161)	7/30/1998 2:00:00 AM
From: EL KABONG!!!	Read Replies (3) \| Respond to of 253

Fred, The main difference between shorting and longing (to coin a word), is that if you go long on a stock, the most you can lose is the price you paid down to zero. If you short a stock (and Alzheimer's Disease sets in), there is no limit to what you can lose other than the brokerage liquidating your entire portfolio to cover. KJC

To: Fredman who wrote (161)	7/30/1998 2:11:00 AM
From: Mama Bear	Respond to of 253

"don't you have to stay on top of it pretty much at all times ?" I have a short positions in CFON and ENML, both of which I almost never worry about. It depends on what the position is, of course. But these two companies are destined for the scrap heap, in my well researched opinion. With shorts such as these, when they run up on some hype, I remind myself of the fundamentals and that I'm in for the long haul, and sell some trading shares. Good shorting is exactly the reverse of going long. Of course having a nice cushion does help ease the mind. Nope, nothing wrong with staying away from that which you don't understand. That is actually the right way to approach investing. There is no sin in not understanding something. I can't for the life of me grasp currency trading. Even being an accomplished short seller of stocks, I can't for the life of me understand how you can short currency. But perhaps someday you'll find me making money with the Mexican Peso short against the Baht, who knows? Barb