Bull Most people do not know this. If your account is big enough, and you go short, we can use this money to earning interest on it.
Back in Aug 1982, MER and the rest of the brokers were shorting the market and making 14% on the money.
Just think of it. (1)Sell some thing you don't own (Individual accounts) (2)And make 14% interest on it.
I remember what my broker told me back in Aug 1982 "Larry This is the 3rd day of the rally and not a single retail order to buy. The big guys are covering their short positions".