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Strategies & Market Trends : Guidance and Visibility

AAPL 268.18

-1.6%

12:56 PM EST

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To: SpinCity1 who wrote (17675)	9/21/2001 11:38:45 PM
From: Mathemagician	Read Replies (1) of 208838

maybe someday soon people will wake up and see how destructive to the entire economy this "shorting" is. Really what is the goal to push the market to 0? You wipe you peoples retirement, companies ability to finance purchases and a whole load of other things. I explained long ago why short selling should not be allowed, number of shares that can be sold is almost twice the number that can be bought. A few days with volume like this and the tide could change. You should keep in mind that every share sold short results in a share bought at some later date, sometimes forcibly. In general, this activity cancels itself out but occasionally there are anomalies. Ask someone who sold their long RMBS position at over 100 whether shorting helped or hurt their portfolio. I could be wrong, but to me your post sounds like it was written by someone who held a highly leveraged long position in some companies with suspect business models and blamed it on "the shorts" when the inevitable happened. M

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