RE post 26 of 27- "short selling has been in available in the stock market for 100 years...why is it such a bad idea now?"
While I'm in discussion mode,could the reason be that over the last decade or so with the invention of the internet and how it has quickly progressed that the 'shorting' of companies can now be enhanced to the logical conclusion of this method much quicker as seen by recent events............just a thought.
A hundred years ago you could argue that a single negative line in a newspaper would have had the same effect as seen recently but then again with all the information that is available today and the speed that news and views can be expressed then has the logical conclusion of the art of 'shorting' been realised?
And as it's effected everyone or will do in some way,is this the reason it's been stopped for the financial sector or is it just the case that this practice has been made a short term scapegoat?
Just interested,no axe to grind..............well I have in garage as a matter of fact!
Anyone remember this:
http://www.youtube.com/watch?v=c7M1Se-p7uk&NR=1
Sorry,meant this one:
Neil Young - Harvest Moon
http://www.youtube.com/watch?v=XQXnvNwGTAY