Re: [CANSLIM] Non Canslim


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Non Canslim
Date: Mon, 4 Feb 2002 09:00:45 -0600

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Hi Andreas,

One reason why it may have been denied at ETrade is that they may not =
have any shares available to borrow against for your short. This is one =
of those times where having a different broker has its advantages. There =
should be no reason that your ET should require a sell limit order for =
shorting. You should be able to sell short at market. Only one quick =
uptick this morning so far at 9:40EST, so if the shares were available =
you (theoretically) would have been able to get a fill.

Katherine
  ----- Original Message -----=20
  From: Andreas Himmelreich=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, February 04, 2002 8:47 AM
  Subject: [CANSLIM] Non Canslim


  Hi,

  I want to my first short sell I ever did and somehow got problems with =
it (it gets denied at Etrade)

  I have a margin account and it should be possible for me to do it.
  Do I have to put in a sell limit?
  I know there has to be an uptick, so the sell will take place.=20
  Something else to know?

  Oh, the share in question is TPC

  See you

  Andreas

  -
  -To subscribe/unsubscribe, email "majordomo@xmission.com"
  -In the email body, write "subscribe canslim" or
  -"unsubscribe canslim".  Do not use quotes in your email.

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<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 5.50.4611.1300" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV>Hi Andreas,</DIV>
<DIV>&nbsp;</DIV>
<DIV>One reason why it may have been denied at ETrade is that they may =
not have=20
any shares available to borrow against for your short. This is one of =
those=20
times where having a different broker has its advantages. There should =
be no=20
reason that your ET should require a sell limit order for shorting. You =
should=20
be able to sell short at market. Only one quick uptick this morning so =
far at=20
9:40EST, so if the shares were available you (theoretically) would have =
been=20
able to get a fill.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Djudgejimmy@web.de href=3D"mailto:judgejimmy@web.de">Andreas =

  Himmelreich</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, February 04, 2002 =
8:47=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Non =
Canslim</DIV>
  <DIV><BR></DIV>Hi,<BR><BR>I want to my first short sell I ever did and =
somehow=20
  got problems with it (it gets denied at Etrade)<BR><BR>I have a margin =
account=20
  and it should be possible for me to do it.<BR>Do I have to put in a =
sell=20
  limit?<BR>I know there has to be an uptick, so the sell will take =
place.=20
  <BR>Something else to know?<BR><BR>Oh, the share in question is =
TPC<BR><BR>See=20
  you<BR><BR>Andreas<BR><BR>-<BR>-To subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
  email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
  not use quotes in your email.</BLOCKQUOTE></BODY></HTML>

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