He said that had forced some people to buy bonds to cover their positions in case President Bush does win.
"He's not buying enough from us to cover his speaking engagements."
When prices began rising, they started buying to cover themselves and limit their losses, he said.
But in the future they must buy or trade for credits to cover the full cost of the levy.
The scramble to buy dollars to cover these positions, he said, added to the rise of the dollar.
Yet there is a simple solution to the problem: buy life insurance to cover the taxes.
They needed to buy shares to cover their short positions and he was the only possible seller.
I knew before she was born I wouldn't have the money to buy it to cover the new baby.
The dollar finished mostly higher as traders bought to cover short positions.
Dec. 30 - Last day to buy a listed option to cover a short position to realize a gain or loss in 1991.