[stylin19a]

As long as the terrorists rotate the action around and do not concentrate it.."

I never said track "who". We'd be questioning Soros every other day. It is obvious, after the fact, that there WAS concentration on a shorted pound and obvious concentration on shorted airline stock.

If airline stock is ever again shorted that much in 5 days, will that info be ignored ?

I suppose the question is, can these concentrations be spotted as they are happening ? If so, what to do with the info other than cause panic ?

[SAJ]

You'd go crazy trying to track and analyse **in advance** every sizeable short sale. Look it up in WSJ, 3rd Monday (I think) of each month, full tables of short interest on NYSE, NASDAQ, AMEX. Then compare this month's table to last month's -- no freaking way. This would have to be a **reactive** tool; after a terrorist attack, look up who's short, and how much and how long they've been short...and if the bombing shoe fits, confiscate the profits. Been done many times...the late Lawrence Sanders even wrote a short story about it once.

Short volume in airline shares has spiked on many occasions prior to 9/11, one famous example being August-October 1990, after Saddam's little excursion into Kuwait. There's nothing particularly indicative about an expansion of short volume...**before** the fact, sorry.