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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: dvdw© who wrote (15497)12/11/2002 11:04:41 AM
From: t2  Read Replies (1) of 19219
 
Your reply is absurd.

Seriously? You could have possibly misunderstood me.

My point is basically that...if the Nasdaq/Dow was to gain 10%, there is wealth creation. The losses of the shorts will be insignificant.

But if it loses 10%, there is wealth destruction. So what if shorts gain; it is insignificant to the economy.

Remember I am looking at the big picture. Almost all of the money is long and there is wealth destruction if the market goes down.

Hope that clarifies it but if you still think that is absurd.......then you got a problem.
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