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Strategies & Market Trends : Guidance and Visibility

AAPL 267.69

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3:56 PM EST

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To: yard_man who wrote (17710)	9/21/2001 11:41:57 PM
From: golfnut777	Read Replies (3) of 208838

Nonsense ? Ask yourself this question. Short selling (in significant volume) has (a) no impact on the movement of a stock (b) it tends to cause upward movement (c) it tends to cause downward movement Under a "normal" environment, I've always felt that shorting is part of the game. My point is that after Sept. 11, everything changed. True, the economy was hanging by a thread before then. However, it's evident that this act of terrorism is bringing the economy to even worse levels than we would have seen otherwise. The immediate layoffs in the airline industry are a perfect case in point. If you add up the total cost of this event, no way would the economy have been hammered like this by any reasonable measure. Bottom line: Shorting after Sept. 11 is profiting from the affects of terrorism and further exacerbating the market decline. As I'm sure you've seen in the news, the perpetrators likely did exactly that prior to carrying out their actions. Knowing that, I don't know how any American in good conscience can jump on the bandwagon. No doubt the small investor will have no impact either way, but if it was stopped across the board there is at least a possibility of creating some stability and I personally hope to see it happen.

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