*SCALPSWINGSTRADDLE*

[read_this_n0w]

Investors who borrow shares must now wait one day to pay back the loans, according to statements from the Shanghai and Shenzhen stock exchanges issued after the close of trading on Monday. This prevents investors from selling and buying back stocks on the same day, a practice that may ?increase abnormal fluctuations in stock prices and affect market stability,? the Shenzhen exchange said.

Under the old T+0 rule, ?you can go short in the morning and cover your shorts before market close the same day and lock in your profit, if your bet is right,? Xian Liang, a San Antonio, Texas-based portfolio manager at U.S. Global Investors Inc., said in an e-mail. ?Now with T+1, you can?t cover your short position in the same day, and have to wait till next day at the earliest. This new rule should discourage speculative short sell