Did the SEC just put a floor under financials?

Discussion in 'Wall St. News' started by ByLoSellHi, Jul 15, 2008.

  1. Well, did they?

    If so, some may not have bad entry points (the ones that will survive).

    Maybe.
     
  2. when the sec bans short selling.

    investigates 50 hedge funds for shorting bear and lehmans.

    and then the net result is the dow ends 100 down.

    i think the market returned its own verdict.

    there are people willing to sell stocks with the paper at these

    levels because they believe they can buy them back cheaper.

    the sec probably thought they had a 500 tick rally yesterday.

    never under estimate the power of the market to do the opposite

    of what you want it to do.

    UNLUCKY SEC YOU SERIOUSLY HAVE NOT THOUGHT THIS ONE OUT.

    whats next ban anyone holding stock from selling because its

    unpatriotic.
     
  3. whats next ban anyone holding stock from selling because its
    unpatriotic.

    yes.