GOLD 0.51% $1,391.7 gold futures

Never be sorry for having a differing opinion @slange. I have...

  1. 3,411 Posts.
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    Never be sorry for having a differing opinion @slange. I have spent most of my life in business swimming against the tide (& did very well in the end thanks).

    I just think short traders are speculators - which some could argue makes them part of the overall problem. I've never done short selling (& never would) but I believe it involves having to borrow shares from the broker on margin (I could be wrong). In order to "profit", I believe the price has to keep falling before they purchase again at the bottom.

    Doesn't make my bell ring I'm sorry. Being "overvalued" is subjective - and that is what the market a free one....supposedly.smile.png
 
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