Forum Archive Index - July 2002

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Shorting Stocks

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Wed, 10 Jul 2002 02:21:17 -0700 (PDT)

Phyllis,
        Why bother trying to short stocks in Australia, when the US market is 
better for this in every respect?

  Cheaper ($10/trade)
  Easier (Exactly the same procedure as buying long)
  Faster (60 seconds max, usually way less than 10 seconds)
  More stocks to choose from (approx 10,000)
  More volatility 
  Overvalued market (still)

 Some of the falls are fantastic. Take a look at the attached chart of RCCC. 
$100 "invested" in this stock is now worth $1. Pity the poor sods who bought 
and held. There are many Nasdaq stocks like this. Selling short in a bear 
market is a low risk, high return strategy.

        Phaedrus.

_____________________________________________________________
Are you a Techie? Get Your Free Tech Email Address Now! Visit 
http://www.TechEmail.com

_____________________________________________________________
Promote your group and strengthen ties to your members with email@yourgroup.org 
by Everyone.net  http://www.everyone.net/?btn=tag

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/

Replies

Re: [sharechat] Shorting Stocks Roley Rackley

Messages by Date [	Next by Date:	RE: [sharechat] Shorting Stocks Craig Hoskin
	Previous by Date:	Re: [sharechat] CLI andrew cottingham ]
Messages by Thread [	Next by Thread:	Re: [sharechat] Shorting Stocks Roley Rackley
	Previous by Thread:	Re: [sharechat] Air NZ Board Ben Dutton ]
Post to the Forum [	New message	Reply to this message ]