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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?


To: jebj who wrote (493)1/31/1999 2:37:00 AM
From: kaz  Respond to of 611
 
"A purchases stock xyz at 20 and sells to B at 30.
B the sells to C at 40 and C to me at 50. <<
Yes, and right after you buy it from C at 50, the earnings come out to be losses and the stock drops to 20. See!! ;) - Anna
HOWEVER - taking your statement as fact, UNTIL I sell, I have not lost any money!"

Try explaining that to your broker.

"AND, there has been $30.00 made in the meantime!"

Yeah, and you paid for it.

Good luck.

Paul Kaz



To: jebj who wrote (493)1/31/1999 9:20:00 AM
From: AnnaInVA  Respond to of 611
 
HOWEVER - taking your statement as fact, UNTIL I sell, I have not lost any money! <<

You are so right, but your margin availability sure has
shrunk tremendously, big grin ...