In article <200312262010.hBQKAYj00371@sun.rse.com>,
M L Riechers Mlr <mlr@rse.com> wrote:
>
>But could you enlighten an old codger as to the current meaning of
>"shorting," as in:
>
>> EEF> Anyone shorting [SCO]?
>
>Just puzzled.
>

Selling Short. It is a transaction, where you are selling an instrument
that you have a 0 or negative position on. The transaction is handled
through your broker who will keep as much stock as you are shorting aside.
The theory is that if the price of the instrument drops, you can buy it
back at a profit.

christos