Yep, what you said.
I also think shorting may speed up the eventual bottoming process.
People don’t realize that shorts can easily lose money, too.
And I think short-selling a currency, like Soros did, is different than short selling a stock. He was basically saying that the UK had a foolhardy currency policy, and put his money where his mouth was.
Years ago, I proved that short sellers can lose money.
I had ways of losing money that no one has ever thought about.
I am writing a book, that guarantees anybody that buys it, and does just the opposite, will increase profits.
As an investor, I was a great salesman, and that is where I should have stopped.
Oh, well:(