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Patrick Bateman

08/19/02 4:11 PM

#17026 RE: limtex #17024

Why are shorts "enemies"?

Did you get slaughtered due to short assault?

Virtually Yours,

Pat Bateman
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Zeev Hed

08/19/02 4:32 PM

#17028 RE: limtex #17024

Limtex, say you are not serious about that proposal, we need the government to get involved in anti shorting tactics? Do you have any idea how deep retrenchment and declines could be without the shorts coming in and creating "buyers of last resort". I think it is enough "punishment" that they never qualify for long term capital gains, though, i would say that this is working in their favor, their decisions take out the tax consequences out of the buying and selling decisions (as long should as well).

Zeev

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tonysolomon

08/19/02 4:45 PM

#17034 RE: limtex #17024

Limtex, that would be awesome. Add a raise in the tax loss limit to 10,000 per year and they'd have something good. I heard some people on CNBC talking about that.