If we say that 10 per cent of short sellers are market makers and 10 per cent are what we might call speculators, then having prohibited these parties from short selling is an avowal of weakness on the part of the authorities.<p>NAKED SHORT SALES The 10 per cent group has a manipulative power or can at least take the market with it, but it is impossible for the market authorities to prove that this behaviour has any penalising effect whatsoever.<p>Preliminary evidence suggests that those active in the short market didn't switch to such substitutes for short
selling as options, as shorting activity declined substantially in the shorting market.
In order for short
selling to be profitable, there must be a future downward shift in demand, as from [D.sup.o] to D.sup.o-s] in Figure 1.
Sentences of 20-22 average word length bring you into the realm of bureaucratise (so much for short
words) and 25+ into the realm of academia.
In 1993-94, a Council of Europe research project, which looked at the state of short film-making in Europe, found there was almost no Government funding for short
films in Italy, and virtually no outlets for their distribution or screening.
So the judging wasn't based on the food we prepared, but more so on our history in the business" a history, for Short
which has been punctuated by his years at the wildly heralded French Laundry.
The festival, now in its seventh year, was founded by Brenda Sherwood, a very determined ex-filmmaker who felt there wasn't sufficient exposure for short
films in the already existing festival circuit.
All around the world, central bank currency managers and corporate treasurers need to be able to park their money in a safe, liquid, and convenient place for short
periods of time.