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Alias Born 07/10/2002

Re: TREND1 post# 17156

Tuesday, 08/20/2002 8:32:30 AM

Tuesday, August 20, 2002 8:32:30 AM

Post# of 704041

<<...you go short, we can use this money to earning interest on it.>>


Larry,

While it is true that one can earn interest the cash proceeds from a short sale, it is mostly offset by the interest (think of it as rent) charged for the borrowing of the stock that is sold short.

All the best,
Jordan

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