Go to Jeff Salisbury LWGate Home Page.From: "Edward W. Gjertsen II" <ed@macktracks.com>
Subject: [CANSLIM] Shorting
Date: Wed, 28 Aug 2002 08:59:43 -0500
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The rule for shorting: NYSE, NASDAQ, AMEX - you can only short on an
uptick or zero tick. The only issues you can short without this rule
are the popular ETF's - QQQ, SPY, DIA, et al. This rule was
implemented in 1938 to prevent "bear raids" from occurring.
Ed Gjertsen II
ed@macktracks.com
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<p class=3DMsoNormal><font size=3D2 color=3Dblue face=3D"Times New =
Roman"><span
style=3D'font-size:10.0pt;color:blue'>The rule for shorting: NYSE, =
NASDAQ, AMEX –
you can only short on an uptick or zero tick. The only issues you =
can
short without this rule are the popular ETF’s – QQQ, SPY, =
DIA, et
al. This rule was implemented in 1938 to prevent “bear =
raids”
from occurring. </span></font></p>
<p class=3DMsoNormal><font size=3D2 color=3Dblue face=3D"Times New =
Roman"><span
style=3D'font-size:10.0pt;color:blue'> </span></font></p>
<div>
<p class=3DMsoNormal><font size=3D2 color=3Dblue face=3D"Times New =
Roman"><span
style=3D'font-size:10.0pt;color:blue'>Ed Gjertsen II</span></font></p>
<p class=3DMsoNormal><font size=3D3 color=3Dblue face=3D"Times New =
Roman"><span
style=3D'font-size:12.0pt;color:blue'>ed@macktracks.com</span></font></p>=
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