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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Thomas C. Donald who wrote (11054)12/3/1998 4:53:00 PM
From: Timothy Liu  Respond to of 93625
 
So when did you 'establish your short position'?

Just curious because you said you are out of RMBS all along.

Tim



To: Thomas C. Donald who wrote (11054)12/3/1998 6:34:00 PM
From: wily  Read Replies (1) | Respond to of 93625
 
>>Establish your short position when shares are available to short. Then establish a long position equal to your short position if you want to be effectively out of the market. Add to your long position when the stock is going up. Sell all of your long position when the stock is going down. Continue to hold your short position

Nice idea. Only thing is, it uses up a lot of buying power. May use it one day, though.