SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (35149)9/12/2001 10:29:37 AM
From: velociraptor_  Read Replies (2) of 37746
 
Another point...there is nothing unpatriotic about being short. It is a function of the markets and a tool of the trade. People have shorted before this event and they will short after. It is irrelevant to what has happened. If anything shorts help provide a floor to the market due to the necessity to buy and cover to close positions. With no buyers in a falling market, there is no floor as everyone scrambles to to sell at the best possible price which is constantly driven lower.

While there are many stocks and sectors which will get hit hard once the market opens, some will also gain, most notably defence and oil stocks. Are we to short these stocks because it would be "unpatriotic" to go long since their rise can directly be attributed to the terrorist act that has killed thousands?

America is great and we will move on, though with pains in our hearts. Millions make their livelyhood in this country in the financial system and part of keeping this country going is making money. Long AND short.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News