Well put Michinyon, this is exactly the point I was trying to...

Well put Michinyon, this is exactly the point I was trying to make.

While I know some people make a living daytrading - this doesn't mean it is RIGHT. Just because something (e.g. short selling) is possible, doesn't mean it is RIGHT.

The argument that short selling creates liquidity is a nonsense. You don't see traders selling thinly traded stocks. The stocks that get shorted are those with plenty of liquidity to start with.

In many arenas in society, we rush to do things that are possible, without considering the value judgements implicit in our actions. The result is always the same - chaos, law of the jungle, and a deterioration in the quality of life for the majority.

Remember the gains we've seen in quality of life last century are because of increasing order in life, guided by values.