Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Fundamentls who wrote (56987)	6/1/2000 1:18:00 AM
From: peter michaelson	Read Replies (1) \| Respond to of 122087

Fund - you seem to have a typo in your post - it has my name within four yards of Anthony's and Mr. Pink's. I am nothing compared with such great company.

To: Fundamentls who wrote (56987)	6/1/2000 8:17:00 PM
From: traetzloff	Read Replies (1) \| Respond to of 122087

Fund, I am new to this thread. I just stumbled across it on the highlights. I have never seen the argument stated better than in your post. I haven't shorted a stock since 1982. ( mostly because I could seldom get the timing right, but also I gradually formed an idea that I didn't like shorting ) That is not a criticism of shorts, it just doesn't fit me. But for those of us who usually invest long, shorts fill an even more beneficial purpose. If not for investors taking the short position the tendency of markets would be to become even more overpriced than they have become. Overpriced sounds good, right. It means all longs make money - except that the time comes for everybody to sell sooner or later if you are going to turn the dreams of riches into real money. If the market has been a one-sided market the liquidity isn't there to sell into. Better to have differing opinions all along the way, than to have the sheep all buy together and drive the price up and then all sell together and drive the price down before more than few can enjoy the profits. That is going to be a big problem when everyone tries to retire on theoretical 401k profits. TR