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Strategies & Market Trends : The Stock Market Bubble

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To: Roger A. Babb who wrote ()	8/5/1998 2:59:00 PM
From: Sondra Lowell	Read Replies (3) of 3339

Re # 6. "A very few fortunes are made shorting the crash." Why haven't more fortunes been made shorting crashes? I know some people came out of the 1929 crash OK, but did anybody actually make a fortune shorting it? I'd like to know more about shorting. On an Excite forum, somebody posed the following question a few months ago and nobody answered it: "Shorting a stock without knowing how many shares have already been shorted seems like a dangerous way to do business. Does anyone know if an on-line service tells you not only the number of stocks a company has issued but also the number presently shorted and the daily volume." I don't understand what the person is suggesting might go wrong. What does the number of shares shorted have to do with it? What could keep you from making money once you've correctly bet on prices going down?

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