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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (353)10/4/2001 9:32:58 PM
From: ahhaha  Read Replies (2) | Respond to of 455
 
If that's the case, then how can you make all these claims about short selling abuses? You are asserting that you're claims can't be supported by the data.

In order to prove my claim all one has to do is divide a stock's average short interest by the average volume. But your bone to pick is based on naked, unhedged shorting. That is definitively less than 1%. In fact, it's mostly hacks, patzers, and hot shots who do it, because the pros learn through hard experience that it doesn't pay.

This is what floor traders on the NYSE learn and almost always, the hard way. If you expect to last, you can't trade the short side. Of course, you can't expect to trade the long side either, but you will last a little longer there before you discover gambler's ruin.