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To: FlatTaxMan who wrote (78)12/6/1998 8:28:00 PM
From: Malko  Respond to of 1071
 
When you are long, as long as you dont sell you havn't lost money if that stock drops. It's virtual loss.
When you are short,when that stock goes up, you have to cover and cover and cover until you take your loss or you die. Its reality loss.
Regards
Malko



To: FlatTaxMan who wrote (78)12/6/1998 8:38:00 PM
From: Wayne Rumball  Respond to of 1071
 
your friend sounds like an idiot.


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