Many months ago i was ridiculed when i expressed my opinion that...

  1. 289 Posts.
    Many months ago i was ridiculed when i expressed my opinion that the market was like gambling. It is funny that this was during a strong bull run, but now when the markets are choppy and possible heading back to a bear market, everybody is yelling and screaming about how the large players are the house and small investors cant win because of the sheer size of them. How the market has become like a casino.

    I have never really understood the hatred towards short selling on this site. To me it screams of people wanting to be able to buy and hold and cash in the profits...

    How can the market be a fair and equal place if you can only go long? I am happy to admit I short stocks, and in fact I actually get a sick pleasure out of it, knowing all the hatred for the HC members i would get.

    Dont get me wrong I think there is alot of cleaning up that needs to be done for the market to become fairer, but getting rid of short selling isnt one of them.

    Most of the rules that are needed to keep the market place fair are already there in place, they just need to in forced properly. yesterday there was 9million on the bid at 303 for Telstra, but in the auction at 4:10pm they disappeared and the price went through at 301. Things like this is what is wrong with the market not short selling.

 
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