Which Way Is Up? Or Down Depending On Your Perspective...

"By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom."
- Matt Taibbi
I've received quite a few questions about getting "short."

Here's a "random" market update that contains my thoughts at the moment.