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Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: William W. Dwyer, Jr. who wrote (1655)	1/10/1999 6:01:00 PM
From: jebj	Read Replies (1) \| Respond to of 3216

Bill, my ref to using options instead of shorting a stock was in the context of a stock - or the market - "going south", not the typical daytrader just playing the normal daily swings in a stock. When this happens, it can be impossible to get into the short due to the "uptick" rule, but one can quickly - although not as quickly as a stock buy/sell - take an option position that gives them about the same profit/risks returns as the shorted stock - - but at MARKEDLY less cost to do so, one of the serious advantages of using options. As I am sure you know, options and their uses are VERY complex but the more I learn about them the more I am wondering why anyone would ever purchase a stock again! jb