Americans 4 "No Own - No Sell" Message Board

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Strategies & Market Trends : Americans 4 "No Own - No Sell"

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To: Jorj X Mckie who wrote (434)	10/11/2001 12:13:22 PM
From: joseph krinsky	of 455

There is no hard data available to support his case, as far as I know. If short sales and short covering buys aren't made available as they happen so they can be measured, how does he know that the buying was done by shorts covering, and that they had the effect of supporting or raising prices? How does he know that it isn't done merely by people that think the prices of stocks are too low, and they jump on them. As far as the shorting being discontinued for brief periods, such as the war of 1812, what happened during those periods? Saying the bans were repealed later doesn't mean anything as far as whether or not the absence of shorting was good or bad. All it says is that they were repealed. Is shorting good or bad as a concept, who knows? Until they do some valid "scientific" studies on them it's all just opinion.

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