this is real, this is me.
The KenKen
This is real, this is me.
Thursday, October 23, 2008
Omg. They banned short selling.
My brokerage just banned shorting today.
Have no idea when they're gonna lift it again.
If i dont short how am i supposed to work towards my goal?

Short selling is betting the market goes down.
Normally what people do is that they buy a stockat $X price and hope it goes to $2X.
Short selling ( or shorting ) means the opposite.
We just sell the stock first at $2X and hope the price goes down to $X.
With the market so bearish ( going down ) now, even if we anyhow short also can anyhow win !

Damn i need to work towards my 100k.
I spend too much.
I drink too much.
I label too muc.
I needa cut.

JL.

8:28 AM

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