I have no problem with shorting as long as it is not the money you just invested long in an ETF that is being turned right around and used to short the same ETF or the sector you are expecting to go up, thus using your money to cancel your investment……and that IMO that is what the ETF’s are all about. I’ve had discussions with others on the subject and been told to “grow up” and “sit down and shut up” because everybody is using the ETF’s to make their fortunes (rather than buying the actual shares) since the ETF’s are so easy to use and many brokerages even wave the fees if you use certain ETF’s. That in itself should set off the alarm bells. So now if the majority use the ETF’s rather than buying the underlying shares, and their money is used by the ETF to short and control the sector, how can the sector ever go up as we all hope and expect unless it is part of their plan to let it go up?? Bottom line is it is all about control of the markets…..IMO!!
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