TeachMeFinance.com - explain Line of stocks
Line of stocks -- Line of stocks (or of grain, cotton, coffee, etc). A speculator
is said to have a line of stocks when he is long or
short of several stocks ; the term line more particularly applies
when the stocks have been bought or sold short systematically,
as on a scale (see On a scale) ; or in anticipation of an advance
or decline in which all will participate simultaneously.
Likewise, a speculator is said to have a line of grain or of
cotton, coffee, etc., when he has bought or sold for future delivery
in various months and at varying prices.
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