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


To: Michael Watkins who wrote (6450)3/21/2001 6:42:25 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 8925
 
Slamming the shorts is the favorite substitute for admitting that one had bad judgement, was overcome by emotion, or did inadequate research. Much easier to blame some anonymous devil.

Shorting gets a bad rap. Every short has to buy back in and that helps support prices later. Sometimes a large proportion of the support at the bottom is short covering.