Replies to post #17028 on Zeev's Turnips Patch-No Politics (ZEEV)

[was Steve]

Im a bit surprised market couldn't squeeze out the last few points to get 9000/1400. Sold 80% of VRTS at 19.63 and closed out 401k mutual fund as of close of day. Wanted a bit more from AAPL and VTSS and was not offered. The way this market is melting up I just may get my prices in the am, but am not optimistic. Will use patience now and wait for the pullback.

steve

[Paul A]

The sad thing is, people really believe that short sellers are anti-American 'Evil Doers'...

After 9/11 we even had some congressman agreeing, and others 'rounding up' names of short sellers on internet chat groups such as this..

In any event- this market is probably being pushed along during these uncertain times by the huge increase in retail short sellers as they stumble over each other.. Once again, short sellers lending support to mr long..

Go ahead- get rid of the shorts.. With all the rah rah- buy buy after 9/11, it was the shorts who kept the market from collapsing.. Who needs shorts..

If your long? shorts are your friend.. period.. if you dont think so- take some time to learn what makes this market move.. its a perfect machine until people start tampering with it...

[limtex]

ZH When the history of this time is written I am sure that we will find that the damage done by shorting was oders of magnitude greater than that doen byt all the crooks in WCOM and Enron combined.

I think it is generous to allow them to keep 25% of their ill gotten gains.

Best,

L