The futures market was predicting a black October Friday today - basically short sellers attempting to drive the market down yet further - however the market, though still down, is not crashing.
Recently I reviewed an Eastwood movie called 'Dead Pool' - the plot involving a group of successful individuals doing a sort of office pool on who could pick the most names who would die before 12 months was out.
Short selling on Wall Street is a bit like that, and definitely a dark game. But, as Eastwood's character Dirty Harry noted in the movie, sometimes they even come after you - by being a short seller you can make yourself a target of same...
