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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Front Beach who wrote (20047)	9/6/1998 2:49:00 PM
From: Lee	Read Replies (2) \| Respond to of 50167

SP,..Re: Permashorts do not exist in real-life trading. I just made that guess based on the posts since April '98 of an imminent disaster and also the same from pre-Oct. '97. Presumably, all these people posting this scenario placed their bets accordingly. Seems an awful long time and loss of profit to be placing bets on the short side unless one picked very carefully, like Cendant for example. JMHO bigcharts.com Regards, Lee

To: Front Beach who wrote (20047)	9/6/1998 6:32:00 PM
From: IQBAL LATIF	Respond to of 50167

That is the whole point without being worried bulls can be lethal shorts, some time short trades become way of life, no one has given any answer to various questions raised on how has domestic economy changed since last month? The numbers are not depicting anything- reverse back to Oct 97 and look at the posts of very same people they were giving similar arguments- they continued this argument until we saw 1228 on S&P, so how much is fact and how much is myth is still to be known? Since July 96 some guys have shortish approach although market has trended up, even today at 7600 the market is in solid bull trend if you look at it from the context of the present bull cycle.The whole SI is 90% dominated by ''doomsayers'' it is strange that a powerful rejoinder to this ''current short mania'' may attract any attention--just free expression..