epeon

GM Reverse Split Creates Problems for Dow Jones

All that Lazaris says may be true, but why should one buy their cars? The marketplace does not care about the history of the company, the "right" ness of a company's culture, or any of that. All the market cares about is the value of the product. And, the market has seemed to say that GM products aren't worth the money. Everything else is just sentiment. And, sentiment (while great at funerals) has little business with the living. We go on.

Cramer's Mad Money - In the Treehouse (3/10/09)

Here is my problem, most of my money is in my self-directed IRA. I cannot write shorts directly. Short ETFs are a good vehicle for me to short the market in that format. I have used them to good effect. Why should I not have this tool available to me? The big boys certainly can and do short. All ETFs do is allow the little boys to take advantage of the same strategy.