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RE: Oh Boy , Oh Girl , Oh God



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<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Rick,

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Actually
when you sign a brokerage application to open an account you give them
permission to do this. Read your application.

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Rich C.

<span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'> 

<span style='font-size:
10.0pt;font-family:Tahoma;color:black'>-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Rick Parsons
Sent: Thursday, October 10, 2002
10:00 AM
To: metastock@xxxxxxxxxxxxx
Subject: RE: Oh Boy , Oh Girl , Oh
God 

<span style='font-size:
12.0pt'> 

<span
style='font-size:10.0pt;color:navy'>My impression was that they use
"our" stock.  If we hold some stock long, the brokerage can
loan "our" stock to someone else who goes short.  We of course
never know this.<span style='color:black;
mso-color-alt:windowtext'>

<span
style='font-size:12.0pt;color:black'> <span
style='color:black;mso-color-alt:windowtext'>

<span
style='font-size:18.0pt;font-family:"Vladimir Script";color:navy'>Rick<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;
margin-left:.5in'><span style='font-size:
10.0pt;font-family:Tahoma;color:black'>-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of strawhat
Sent: Thursday, October 10, 2002
9:25 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Oh Boy , Oh Girl , Oh
God <span style='color:black;mso-color-alt:
windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:.5in'><span style='font-size:
10.0pt;font-family:Arial;color:black'>Theo,<span
style='color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:.5in'><span style='font-size:
10.0pt;font-family:Arial;color:black'>I am just starting on this list and your
were the first message. Interesting observation about what the
"pro's" are doing. Have you read Reminiscences of a Stock Operator.
If not it will go a long way in helping understand what the "pro's"
are up to. In reality being a professional means that they want to make money.
Just hypothetically thinking. If the brokerage house had a lot of shorts they
needed to cover would they tell the public to short / sell these stocks or
would they tell them to buy, or hold them? It's kind of a contrary approach,
but if the broker purchased a large quantity of stock when a company is new, or
at a low point. Who does he then sell them to after they have gone up. In the
same regard. After he has short the market Who does he get to sell him stock
for the cover. I would think it would be the general public. The ones that are
being told to buy, hold , or sell.<span
style='color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:.5in'><span
style='font-size:12.0pt;color:black'> <span
style='color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:.5in'><span style='font-size:
10.0pt;font-family:Arial;color:black'>Also, If the unknowing are holding and
buying a stock I think this also allows brokers to then loan a percent of
those stocks to the knowing so they can sell short. I think brokers
have to have stocks in there account in order to loan them to some
one wanting to short sell the market. Kind of like a bank needs to have
money in its account so it can loan cash out.  The bank has its set
reserve limits on how much of its customers money it can loan out. I don't
know, but I would also think that a broker would also have a reserve limit on
how many of its customers stocks it could loan out. I don't think that a broker
would go to the market place and by stocks at a high price knowing that the
market is going down to loan you the stock so you can sell short. I would think
that the broker would want to pass this loss on paper on to someone else. I
don' t know this for sure. Maybe someone else in the list does. I think I am
thinking about this from the right perspective. Any comments? Thoughts? Ideas?
Where do Brokers get their stocks to loan to people wanting to short sell
the market?<span style='color:black;mso-color-alt:
windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:.5in'><span style='font-size:
10.0pt;font-family:Arial;color:black'>Jerry Medlin<font
color=black>



<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
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padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>-----
Original Message ----- <span
style='font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
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padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>

From:<font size=2 color=black
face=Arial> <a
href="mailto:sky40912@xxxxxxxxx"; title="sky40912@xxxxxxxxx">Theo Lockefeer 

<span style='font-size:10.0pt;font-family:
Arial;color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>To:<span
style='font-size:10.0pt;font-family:Arial;color:black'> <a
href="mailto:metastock@xxxxxxxxxxxxx"; title="metastock@xxxxxxxxxxxxx">metastock@xxxxxxxxxxxxx
<span style='font-size:10.0pt;
font-family:Arial;color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Sent:<span
style='font-size:10.0pt;font-family:Arial;color:black'> Thursday, October 10,
2002 3:02 AM<span
style='font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial><span style='font-size:10.0pt;font-family:Arial;color:black;
font-weight:bold'>Subject:<font size=2 color=black
face=Arial> Oh Boy
, Oh Girl , Oh God <span
style='font-size:10.0pt;font-family:Arial;color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>Hello
all "lefters"<span style='color:black;
mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>This
list is dying or ?<span style='color:black;
mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>I
recently studied the Buy, Hold, Accumulate, Markt<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>outperform
ratings etc of all those so-called professionals<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>and
they are all making the same mistakes over and over<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>again :
unbelievable.<span style='color:black;
mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>The
Prices of many stocks go lower and lower and they<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>keep
all saying things like : upgrade from Hold to Buy :<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>This is
principally wrong because we are in a Bear market<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>Boys
and if you buy in a bear market you are going against<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>your
friend (the trend).<span style='color:black;
mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>If a
stock is in a DownTrend you NEVER should buy it !!!!!!<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>But
they really donot see it : ok : for me no problem but<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>those
heavenly paid professionals are making such terrible<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>mistakes
again and again : unbelievable as said................<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>OK for
some stocks it looks like we are reaching bottom-<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>levels
: so bears be carefull here and donot short the bottom<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>because
it is essential the same as when you are buying the top....................<font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>They
never did see the other side of the coin :)<span
style='color:black;mso-color-alt:windowtext'>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
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face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3 color=black
face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>Good
Trading ,<span style='color:black;mso-color-alt:
windowtext'>

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margin-left:39.75pt;border:none;mso-border-left-alt:solid black 1.5pt;
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face="Times New Roman"> <font
color=black>

<p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;
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padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Arial>Theo<font
color=black>

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face="Times New Roman"> <font
color=black>

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face="Times New Roman"> <font
color=black>

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face="Times New Roman"> <font
color=black>

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face="Times New Roman"> <font
color=black>

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Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.394 / Virus Database: 224 - Release Date: 3/10/2002<font
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