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Strategies & Market Trends : SPARKY'S CORNER -- Ignore unavailable to you. Want to Upgrade?

To: Bruce A. Brotnov who wrote (3618)	9/10/1998 10:06:00 PM
From: James Wright	Respond to of 4142

Bruce -- I never shorted while with Fidelity, so I'm surprised to hear that you can't do it on Fidelity's web site. Your experience further convinces me I did the right thing when I left Fidelity. The only problem I had with the switch was the time it took to transfer my account -- I was unable to trade for about three weeks. With Datek, you can short and cover online using the same screen as for buying and selling long. Assuming you do not currently own any shares in a particular stock, you simple sell shares in that stock to short. You then buy those shares back when you want to cover. You also can short and cover with limit orders (for NASDAQ stocks, but not NYSE or AMEX). It couldn't be easier. Hope this helps. -- Jim

To: Bruce A. Brotnov who wrote (3618)	9/10/1998 10:10:00 PM
From: Ken Carter	Respond to of 4142

Bruce, Check out Suretrade or even DLJ Direct. Both are internet business' and you can short over the net. Suretrade, I believe is 7.00 per trade DLJ is 19.95 per trade. I am moving part of my DLJ account to Suretrade for day trading. Thanks for the E-mail, enjoyed the "birdies" (;?()} Kenny sku.com

To: Bruce A. Brotnov who wrote (3618)	9/11/1998 10:56:00 AM
From: James R.Gross	Read Replies (1) \| Respond to of 4142

Bruce, I have reading posts here now and then, you seem to be able to find cheap stocks at early stages. I was interested to know if you heard of ALMI. Its at 3 but could be picked up cheaper in few days ahead. Sorry for mentioning cheap stock but they recently got a contract with Microsoft and have strong positions taken in this stock. Read the news. The other stock I have been watching is HKID, it has been mentioned here before and is selling less than IPO at 8. It looks to be growing strong. Is it to risky to buy these stocks on big down days that retest lows. Is there a place were you could also find a historic chart of Dow back as far as you want or back to see what chart looked right after Nixon resignation. T.I.A. Jim