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Imminent Rate Cut? - Cramer's Stop Trading! (10/3/08)

People may have the "right" to sell short as well as to sell long - although that is an interesting choice of words - but if you cannot appreciate the potential /probable harm to an economy that comes from driving a stock or company into the ground, I don't really know how to reply. Yes the exagerated momentum that results from excessive long positions does tend to inflate a companies stock unreasonably. But normal market response tends to temper that. The harm from driving a stock up is not an equal measure of driving it down. The latter creates panic, and the result of panic is not an equivalent to the result of unreasonable euphoria.