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Old 09-25-2008, 05:49 PM   #26 (permalink)
Baraka_Guru
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Quote:
Originally Posted by jorgelito View Post
I fully expect the market to correct itself in the coming days, weeks, months. It's too bad we can't short sell anymore. It's a perfect time to jump in and do it.
It will probably be months (best-case scenario: weeks). This problem has been slow building for a long time. It will take a long time to get over this. It's not a "blip."

And it's never a "perfect" time to sell short. Only very sophisticated investors can do it, and even then it's a big risk. Unlike buying stock, where the loss potential is all, with short selling, the loss potential is limitless. It's very difficult and very stressful. Banning it only removes one of many advanced techniques of the best investors. They have other strategies they can depend on. Some of them never short anyway.
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