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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (15365)12/9/1997 11:47:00 AM
From: Cynic 2005  Read Replies (3) of 50167
 
Ike Ike Ike, you are making this a battle of shorts and longs. It is not. Nor is it the battle of good and evil. Even if it were, on any given markets, shorts don't have a prayer. At least on the NYSE, shorts are outnumbered by longs 2 to 98 roughly, based on the short-interest.

bet with convincing authority on the long side of the market- the shorts have a fundamental problem with the world wrong they have been on ASEA wrong they will be on DOW. I have no words to spare.

Shorts have a fundamental problem and they bet wrong on the ASEA? You can't be serious, are you? Tell that to who shorted Malaysia, Thailand, Korea, Hong Kong, Japan, even at 20% below their respective peaks. You are talking just like Mahthir (sp) who blamed all the structural probmlems of Malaysian economy on speculators. In one word, it is called lack of accountability. It is good to ask "what is happening to us" rather than asking "who is doing it us" and make a scape goat out of some short-seller who was wise enough to see things ahead.
BTW, I am glad you like WDC at 19. After all, you loved it in high 40's you should love it even more now. -vbg-
-Mohan
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