> This possibility was made all too clear to me when I took a $20,000 > short position in Amazon.com - - a year too early. > William T. Dickens
But those who bought long-term put options (LEAPs) on Amazon could lose no more than than their financial investment, and the put options could be held or others bought until the downturn, with no margin calls. Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax http://taxes.yahoo.com/
