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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: marginmike who wrote (122621)9/17/2001 9:10:57 AM
From: JRI  Read Replies (1) of 436258
 
Shorting is not wrong. Being long is not wrong. Letting markets get too undervalued or overvalued.....that is the real sin...both have severe consequences, including misallocation of capital.

The main reason why markets got so overvalued was the excess liquidity put in the system over the years by Greenjeans. Its that simple. A rational market doesn't get THAT overvalued on its own- ng

I know you know that, but apparently some new posters here can't understand this (pretty simple) fact.
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