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Re: BullDawg post# 17150

Monday, 08/19/2002 11:17:34 PM

Monday, August 19, 2002 11:17:34 PM

Post# of 704041
Bull
Most people do not know this.
If your account is big enough,
and you go short, we can use this
money to earning interest on it.

Back in Aug 1982, MER and the rest of the brokers
were shorting the market and making 14% on the money.

Just think of it.
(1)Sell some thing you don't own (Individual accounts)
(2)And make 14% interest on it.

I remember what my broker told me back in Aug 1982
"Larry This is the 3rd day of the rally and not a single
retail order to buy. The big guys are covering their short
positions".

Larry Dudash

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