elephant in the room, page-4

Hi Stringtickler,
The motive of shorters is to make money; just click on the GXY graph above & you'll see what I mean. There is no point in blaming anyone; its just how the capitalist system works, Comrade!.
(check out "What is Short Selling?" by Tom Taulli, C.2004 by NcGraw-Hill)

Secondly, sure the market looks forward, but as Warren Buffett's mentor, Benjamin Graham said in his book "The Integlligent Investor":-

I'll paraphrase Graham's mantra from memory:
" In the shorter term the stock market is a voting machine but in the longer term it is a weighing machine".

And who am I to argue?

Cheers & good investing
Moorookamick