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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (159)10/3/2000 11:22:42 AM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
"In 1932, Hoover actually asked the president of the Exchange to discourage it and the SEC rose as a result of a committee conducting an inquiry into the practice of Short-selling."

And in the end, I think it was resolved that short selling wasn't the culprit. I think it was all the longs going out the door that did the trick, as it always has! Simple supply and demand, but requires some thinking, but the concept still eludes many people.

Teresa


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