The Atlantic Monthly, Volume 149Atlantic Monthly Company, 1932 - American essays |
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Page 249
... short . For the past two years , however , bear operators on the New York Stock Exchange have , in effect , sold the United States short and thereby gained a lot of money . They have gained , in addition , the official praise and ...
... short . For the past two years , however , bear operators on the New York Stock Exchange have , in effect , sold the United States short and thereby gained a lot of money . They have gained , in addition , the official praise and ...
Page 253
rise , the greater is the chance of losing money by selling short . Therefore , the shorts curtail their selling precisely when , if ever , short selling is needed . In the feverish speculation of a bull market , the bears have every ...
rise , the greater is the chance of losing money by selling short . Therefore , the shorts curtail their selling precisely when , if ever , short selling is needed . In the feverish speculation of a bull market , the bears have every ...
Page 254
most entirely by this short selling ; yet , up to last September , such selling did not appear in the statistics , for the short interest on such a day is the same at the end as at the beginning . Further- more , even though short sales ...
most entirely by this short selling ; yet , up to last September , such selling did not appear in the statistics , for the short interest on such a day is the same at the end as at the beginning . Further- more , even though short sales ...
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