short selling, page-9

Mate,

I have no problems with that. I am only highlighting, (like you do with your charts), where the shorting positions are and at what level they are to certain posters that are continuing to make reference to the shorts even if they aren't very correct. If they weren't to make those comments, in most cases, neither would I.

Do, I love the shorters and what they are doing?? No I don't. But they might don't like me either, and it is their money that they are playing with and not mine. After all they are in for a gamble just the same as I am. If they win, I will loose (providing I am in for a short term trade that is), and if they loose I win. Like a two up game. For a long term holder who sets his/her's targets and time frame, all the shorting and constant fluctuations in the sp matters very little. Because, only when they decide to sell, it is what really counts. It is just a two way street where there are always people that are walking on a different direction.

I'd also like to make it clear though, that I have a very good friend of mine that practice that thing (shorting) on a regular basis.
Do I have to stop having him as a friend because he shorts while I am not ?? No way in the whole Wide World, because he does what he wants with his money, and I do what I want with mine. If he wins he has a good chuckle, and when he loses, and that can be a few times, I have a good chuckle back at him. So we both have a good chuckle at each other !!!! NOTHING WRONG WITH THAT!!! There are times of course that I would have liked listening to him, but there are others that he wished he would havem listening to me as well.

As for the last paragragh of your, you are only confirming what I have said all along. And that is that the shorters don't seem to be bothering too much about the buy-back that WM has set up and going. Others here should take more notice of that. Not me. I have been in the game long enough to know what is going on, believe me. And, like you, I have made some good money even without shorting. Like I said it is like a two up game. At the fall of the coins, invariably, one will loose and one will win.

As for me looking at the charts, I simply can't. Because, as I said many times before on these threads, it is all Double Dutch to me. I simply follow my gut feelings and a little research, and so far, it paid off very well indeed. So IMHO, why trying to fix something that is working very well already.

Thanks anyway and good luck.