Obviously the regulators are always going to be behind the curve....as has been proven.... A SS ban will mean even more impromptu hedge fund liquidations... Which will serve just the opposite intention and purpose.... By the way...what is an insolvent firm supposed to be worth either stock or bond wise ? Adding the glut of financials as well.......
Zodiac4u This bear market has reshuffled the wealth in this country in a major way and its my belief that the fed has been behind this whole thing. The fed has pushed us into excepting globalization and in the process destroyed our manufacturing sector, They have involved us in foreign wars that they deemed fit to be involved in and have been entirely funded by our social security. Social security that millions of Americans have come to rely on for retirement that they have spent. They have aided in helping push oil prices higher when we are siting on oceans of oil and now they have had a hand in destroying our financial system. The very same financial system that funds commerce as well as providing many others as a vehicle for retirement. Sure they are saying they are doing every thing they can to fix it. Fed Cox sucker is sitting on his hands while trillions are being skimmed off by his wall street cronies. The very same ones that are some of the largest short sellers. Yup! another great job! Thanks again fed for all your hard work. Wow! I feel better already. Back to selling/buying =========================== Everyone in the gov'mint were involved in this RIP-OFF AND ROBBERY OF THE AMERICAN CITIZENS IN THERE OWN COUNTRY. Here we are working hard two jobs, just keeping our country moving forward. AND THIS IS WHAT THE OUR GOV'MINT DOES TO US.(they all need to be brought to TRIAL). WE NEED A NEW SYSTEM. Everything stays in place, we just need new people PICK BY US THE PEOPLE. As you mention the Fed's was and still is totally involved (use'ing Greenspan with his 5 hour TV shit, and his Wife who is still working the TV channels as of today). =========================== nutmeg Mom and Pop retire? it's an Aesops fable. The moral: Pop dies before retirement, Mom lives off Pop's life insurance until she is severely Alzihemic (almost sounds arabic doesn't it? Ali-Abadabado Alzi-Himick) then becomes a burden on her children. =============================================== When have you ever seen MORE PEOPLE DIEING IN HOSPITALS, this is no accident. Everyone would normally die at home with some accidents maybe at hospitals . (part of working with gov'mint to get rid of Mom and Pop before retirement, plus there older been there and are wiser to the game).They are really being Murdered in the hospital. OOOooo he/she DIED FROM THERE ILLNESS. The young don't know all this yet. DON'T GO TO HOSPITALS or NURSING HOME TOO, they killed my dad in one. Didn't give him one of his medications for a few days. He told me on my last visit with him. They lied, said the'll look in it???? They did NOT. trade well, and stay well. perr
I don't think the uptick rule is the problem.... I think when the regulations are updated basic short selling as we know it will not be allowed..... Think about if: Being allowed to sell something you don't own is absurd.... Hedge a long posistion: Futures/options address that now Spreads are entirely too thin for an "uptick" to even occure now SteveD
Think about if: Being allowed to sell something you don't own is absurd.... -------------------- It is called a "middleman". There are plenty of examples of business's that sell what they don't own. They don't even have to physically be involved with the product, I could sell you anything on line right now I don't own. You want a book? I'll order it for you, have amazon drop shipped it to your door. You send me a check and I'll send amazon the balance, after deducting my fee.
WRONG. maybe *you* can't short a stock under $5. i, and anyone who uses a halfway decent broker, can.
"Coming back to the Uptick Rule or banning all short selling will actually hurt investors all across this country because short selling creates more liquidity as long as the people who sell short are economically involved in the transactions and stand to lose as well as to gain." - - - Harvey Pitt I'm sorry, but Pitt is about as dense as current SEC Chairman Christopher Cox is in regards to the "uptick" rule. Re-instating the "uptick" rule would SLOW the markets down and allow people a chance to "process" the price action that they are seeing. Right now, the VELOCITY of the moves on the downside are at such a high rate that people are unable to "process" what is going on. I'm not a big fan of Jim Cramer, but he is spot on about this issue and as it pertains to the Ultra-Bear ETF's, etc. Pitt and Cox are incredibly ignorant. That's why they can't even begin to fathom that SLOWING down the VELOCITY of the market will allow an opportunity for price discovery . . . When the market drops over 200 points in 7 minutes just before a week ago Friday's close, there is no chance in hell for price discovery, or for money managers/investors to be able to "process" what is going on. Pitt and Cox are CLOWNS.
Everyone in the gov'mint were involved in this RIP-OFF AND ROBBERY OF THE AMERICAN CITIZENS IN THERE OWN COUNTRY. Here we are working hard two jobs, just keeping our country moving forward. AND THIS IS WHAT THE OUR GOV'MINT DOES TO US.(they all need to be brought to TRIAL). WE NEED A NEW SYSTEM. Everything stays in place, we just need new people PICK BY US THE PEOPLE. As you mention the Fed's was and still is totally involved (use'ing Greenspan with his 5 hour TV shit, and his Wife who is still working the TV channels as of today). =========================== trade well, and stay well. perr [/B][/QUOTE] I'm with you on almost all, but I do think the system itself works. The reason it doesn't is because Washington and its bed partner the special interest groups have a special way of sifting out the candidates that they consider bad by using their best friend, The Media.
Well said! Finally a person with a clue on how the up-tick rule would help stabilize the markets. These clowns know exactly how the up-tick rule would work. They are comparing the two issues as if they are the same. When there is a clear and distinct difference between short selling with or without up-tick rule. If you looked at the historical charts and looked at the volatility before and after the up-tick rule was abolished you will have seen a very distinct increase in volatility since its removal.