Originally posted by: LegendKiller
Originally posted by: dmcowen674
Originally posted by: jrenz
Originally posted by: dmcowen674
So basically it is shorting the dollar.
Shorting of anything always results in the death of what is being shorted.
Example #4965 that you are the most ignorant person on the face of the Earth
Show me a stock that has been shorted and survived.
See my sig dave. Almost every public company on the face of the planet has been shorted at one time or another. That includes some of the strongest, like GE, MSFT, INTC. It's unbelievable that you are such a fricking moron, actually it isn't considering all of the crap you post. Some people are just so damn ignorant. Look at this taken from 247wstreet.com. Below are the short positions for June/July and their changes.
BANK (TICKER) JUNE JULY CHANGE
Bank of America (BAC) 48.7M 35.2M +38%
Wachovia (WB) 39.98M 31,88M +25%
Washington Mutual (WM) 47.99M 39.98M +20%
Countrywide (CFC) 51.4M 45.7M +12%
JPMorgan Chase (JPM) 33.64M 31.63M +6%.
US Bancorp (USB) 36.62M 35.42M +3%
Wells Fargo (WFC) 53.7M 51.8M +3%
National City (NCC) 34.04M 3.72M +1%
SunTrust Banks (STI) 7.04M 7.42M -5%
Citigroup (C) 27.17M 31.26M -11%
State Street (STT) 6.43M 13.8M -53%
You're telling me that every one of those banks is going to die?
What about these conglomerates???
General Electric (GE) 59.15M 59.90M -1.26%
3M Co. (MMM) 8.57M 9.95M -13%
United Tech (UTX) 9.13M 7.87M +15%
Textron (TXT) 1.26M 1.52M -16%
Brookfield Asset Mgmt. (BAM) 1.49M 1.00M +49%
Philips (PHG) 946K 995K -5%
Siemens (SI) 623K 1.02M -39%
OMG OMG OMG!!!!!!!!!!11111111!!!!!!!1111111
GE, 3M, Textron, Siemens, Philips, THEY ARE ALL GOING TO DIE BECAUSE PEOPLE ARE SHORT...AGGGHGHGHGHGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHhhhh