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To: Constant Reader who wrote (2263)9/14/2001 5:53:36 PM
From: Poet  Read Replies (4) | Respond to of 51708
 
I have read numerous posts on SI that those currently holding short positions should close them ASAP and donate the profits, FWIW.

The fact that the belief that shorting is somehow unhealthy for the market is so widespread here on SI tells me that the level of sophistication among SI members is not very high. To equate morality with trading behavior is terribly misdirected. Flag-flying, candle-lighting, and keeping one's money in a market that will likely waterfall may make people feel better, but it will not save this nation.

I'm ranting in general here, CR. As you probably know, I spent my first two years on SI as a trader and running an options thread. I made my living doing this, still do.