Do not short sell the market, for it is an abomination. Why borrow someone else's asset to profiteer their pain? They hold it in good faith and you pirate the gains when their blessings are temporarily withheld. Hypocrites! Bulls and doves are righteous animals, not lying in wait for innocent blood like Bears and Hawks but eating the grass that the LORD freely gives as food for them, knowing their needs in advance. Inflation is baked in the monetary system. There is only one way for any paper currency to go, to eternal damnation in hades. Any respectable asset is worthy of a bull run, and it is the right way to invest.
Stupid post. GoldUSD Cannot short Gold & buy USD? USDGOLD Cannot short USD & buy Gold? USDJPY cannot short USD & buy Jpy? SMCI (plus many others) cannot short SMCI but HODL?!?!? etc etc Lord, please save the humans from extinction.
Most of your examples are pairs trading with the exception of SMCI. Please do a better job reading the thread. Thanks.
There is no moral issue with shorting. It's certainly not a spiritual matter anyway, and religious believers would do well to abandon the notion that they have a monopoly on decisions as to what is moral and what is not.
dumbo, everything is a pair trade. you sell one thing and buy another. In the smci example you sell dollars to buy shares.
His example was actually borrowing someone else's SMCI shares, selling them to collect dollarz, then buying back after the original investor gets whacked. Totally predatory, and useless to the economy at large. Did you do this for a living? In any event, try to read the replies more carefully. Details matter!
There is most assuredly a spiritual dimension to your participation in the market. Buying and selling is a spiritual matter, for animals do not know anything about money, value, opportunity cost, and risk. They want it and they take! I have found the flaw in my guilty conscience, preventing me from holding my winnerz. My first big win was shorting BP after their deepwater horizon disaster. It cast a dark cloud over my account from that moment onward. And now I publicly repent of my evil ways, profiteering on the horrible outcome of a risky situation. It is unholy to profit on someone elses disaster.
You are actually helping someone out by borrowing their shares. You ease their pain because you pay them a big fat interest payment for borrowing. They should thank you for it, (borrowers of DJT paid >100% interest rate to borrow). Without you, they could only hope. With you in the mix, they could use the money you paid them to buy more shares (like @wxytrader with SAVA), buy themselves a few expensive dinners to ease the pain... And when the price recovers, you are the one holding the bag.... What is there not to like, for them?
What has trading got to do with animals and what they know or don't know? Matters which animals know nothing about are not therefore automatically spiritual, that is a gross misunderstanding. The rise and fall of prices in a market always carries the implication that someone somewhere has lost out. Otherwise, where would your profits as an investor come from? In any case, if one company's share price is rising, you might feel good that you helped them by buying some shares, except that there are obvious flaws in that delusion - firstly whatever you pay for the shares does not go to the company: secondly, as one firm's share price rises as they perhaps increase their sales, another company's sales and shares are falling and maybe their people are being laid off. And being evicted and going into debt and even committing suicide. So I wonder if you are trying to find the moral way in life to follow or simply trying to convince yourself of the superior morality of your own dubious choices.