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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (35232)9/12/2001 10:43:11 PM
From: American Spirit  Respond to of 37746
 
Commend Gary don't debate him. Even oil companies are now stopping their people from gouging. Join in and refuse to make a profit off the tragedy unless it was a position you took prior to the tragedy.



To: mishedlo who wrote (35232)9/12/2001 11:35:28 PM
From: KevinThompson  Read Replies (2) | Respond to of 37746
 
"Why should shorts suffer for being correct, suffering if they JAM the futures on this?"

Good point - reminds me of another point I've been meaning to make. In the stock market, there is no such thing as a sure thing. If there were, EVERYONE would be doing it and EVERYONE would be rich. The stock market is designed to cause pain to the most possible on any given day. There is always risk no matter what position a trader takes. Based on this premise alone, that everyone is expecting sellers to be the profiteers, there might be a good chance they will be disappointed. The market could go either way (and probably will).

It is ludicrous, idiotic reasoning that short selling is unpatriotic or exclusively greedy. By definition, the markets are driven by greed and taking a risk is not an unpatriotic act. Patriotism has nothing to do with it - period!

KT