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Shorting the DOW During the Debt Ceiling Debate and Make Money
DOW Down Over 500 Points
Whose making money when the DOW is down?
Everyone who has stocks and that has shorted the stocks is making a killing in the markets right now. And while making money is not a crime the fact that this is occurring as a result of Congress who created the psychology of the market in which it has fallen over 500 points and they are refusing to tax those who shorted the market through the debt ceiling debate this means speculators are still welcome in the stock market. It screams inside trading for the likes of which the SEC should investigate every last person who has shorted the market right now.
I only find this odd because I thought the Obama administration has had a goal to cut speculators out of the market.
And while many will see this as a buying opportunity it is also disastrous for our country. It makes it highly improbable corporations will be able to hire and therefore unemployment will remain at a record high if not increase.
I remember after 9/11 I tried to buy oil warrants from the Bank of New York and I was told I would be investigated for such behavior. In other words I was not allowed to buy oil warrants. As a matter of fact I don’t even believe oil companies sell warrants any longer.
So if I wasn’t allowed to buy oil warrants because it was considered “unpatriotic” after 9/11 then why aren’t all the people who have shorted the market during and after the debt ceiling crisis being investigated?
Exactly, what is the difference between buying oil warrants after 9/11 and shorting the stock market during and after the debt ceiling crisis?
But alas there is hope. If the market makes a quick correction which it did back when Barack Obama was first elected the market went form about 7,000 to 11,000 in a relatively short amount of time. The individuals with short contracts can lose their stocks and marginals can be called in. It is one of the reasons I didn’t buy shorts in this market environment. I don’t usually bet against America. And I think those that have through this debt ceiling crisis need to pay their fair share of the karma especially since they will not be paying any taxes on the monies they have made from the down turn in the market.
What Does this Mean to You and Me?
Great buying opportunity as we are coming out of war. There is always a post war pop in the market ask the Rothchild's.
And you have to wonder why the 500+ members of Congress game the stock market at the expense of corporate America and the taxpayers to subsidize their already over paid income? And they do this all at the expense of the country and of the tax payers.
Congress threatened every all of America so they could short the market and caused great hardships for Americans so they could short the market and make money. It is time all of Congress is fired and that includes everyone that is new and that did't vote for the debt ceiling to be increased especially for those who didn't vote for the debt ceiling to be increased. The Tea Party Movement has committed treason with this debt ceiling stunt and the insider trading they have done to profit from this stunt. They should all be jailed.