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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (7125)	5/5/2001 5:04:33 PM
From: Chris	Read Replies (1) \| Respond to of 52237

have a good trip..

To: American Spirit who wrote (7125)	5/5/2001 5:26:27 PM
From: donald sew	Read Replies (4) \| Respond to of 52237

A.Spirit, >>>> Peace to all shorts. You'll have your days again soon. Probably after the 15th. Until then though, don't say I didn't warn you. <<<< Until you came onto this thread, there was little or no discussion of shorts as an opponent. Most on this thread mainly go long and the rest both ways, but unaware of anyone on this thread that was strickly short. When I read your above comment its similar to what one would find on an individual stock thread where the longs are attacking/blaming the shorts and vice versa. I dont have any specific data, but I believe that there is a strong misconception which you and many others have. Firstly, of all the individual investors what percentage of them them short, and what percentage of them only short and never go long. Outside of SI, I dont know one person who shorts, besides myself. When I was working for my firm I was personally involved with promoting the 401K program for about 400 employees. I also know quite a few from Hopkins who are significant investors and some are involved with major biotech companies. And over the recent years I have had contacts with different investing groups. At one time or another I probably knew over 600 who invested in the market covering the real small 401K investor to those with significant portfolios, and NOT one of them SHORT. In fact the strong majority of them, and I would guess 95% of them or even 99%, even dont know what shorting is or understand it. To this day I am still explaining to most what shorting is when asked, and the normal response is that none of them have any interest in shorting. I never promoted shorting only because it would waste so much of my time explaining it. There is still one person who claims that SHORTING is illeagal, and she doesnt understand how I get away with it. gggggggg And that is TRUE!!!! So the above covers Joe-6-Pack. As for those on SI, I am not aware of anyone on SI that only shorts, and frankly I dont think there are many pure shorters, if any - meaning that they never ever ever ever go long. There are a few who may short more than go long, but just unaware of anyone that NEVERs go long. So who are the REAL SHORTs. I strongly believe its the mutual/hedge funds by far. If I had to guess, the institutions probably make up more than 90% of the shorts. If anyone can any specific data as to what percentage the institutions make up all short positions, would greatly appreciate it. I also get that impression that you feel that shorting is UnAMERICAN. OK, I go with that, so lets jail those who are the big shorters which would be the mutual/hedge funds. I definitely have no problems with that. So close down MERRIL LYNCH, CITICORP, MORGAN STANLEY, ETC. That would probably add about 1,000,000 to the unemployment lines. gggggggg I wonder if large firms like GE - YEAH, lets close GE - its UnAMERICAN, if they short. gggggggg With this discussion of shorting, who were the damn UnAMERICANs who came up with the idea and promotes shorting. Got to be the financial industry - another reason to close them down. That will be very good for America, so there will be no more credit, and everyone will have to keep their savings in their pillows/mattress. No need for banks also. So that should add a few more million to the unemployment lines. And since everyone will keep their money in pillow cases, no need for computers to help manage the money, so lets close MSFT/DELL/IBM/etc.ggggggggg If you really feel that shorting is UnAmerican or so bad, why dont you really direct your energy towards those who are the real SHORTs. Write letters to Merril, Morgan, etc and explain to them that they are UnAmerian, or write to congress to ban shorting. I got no problem with that. Not trying to start an arguement with you, but your views which are shared by many are being mis-directed towards the individual investor, since the big shorters are not the individual investors, but the institutions. Its only a guess - I think that the individual investor accounts for no more that 2-3% of total shorts in terms of dollar amount. Again, if anyone has any data concerning this please share it.