Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: magicrecall who wrote (88240)	11/22/2004 5:14:34 PM
From: Janice Shell	Read Replies (1) of 122087

Naked and other illegal insider based shorting stripped billions in cash out of the equity markets in the very orchestrated 2000 Crash (bigger on a percentage basis than the 1929 Crash), with much of it going offshore. If you want to talk about the shorting that results from the issuance of toxic paper, I'll agree with you that it should be outlawed, or at least regulated. Naked shorting is another story; not a single case has been proved. I'm not saying that it doesn't happen; only that it doesn't happen on a large scale. Do you know how to short a bond or a physical? It is no problem. Why should it be? You can do practically anything with derivatives. Elgindy had 250 to 260 Hedge Funds involved in his site at the top by his claims, probably controlling several hundred billions of dollars. If you actually believe that, you're pretty gullible.

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