Market down? Blame us short sellers!

Discussion in 'Chit Chat' started by lindq, Oct 30, 2009.

  1. lindq

    lindq

    Yep, it's our fault. I admit it.

    It has absolutely nothing to do with anything that has ever come out of Washington. God forbid.

    It's all of us wasteful, good-for-nothing traders.

    Reinstate the uptick rule. Price has to be 3% above the last bid in order to short. And then you can do 50 shares.

    Or, hell, just throw anybody in jail who shorts a stock.

    Or even thinks about it.

    By God, it's just anti-American to do anything other than buy and hold.

    If Washington says we're coming back...then who the heck are you to question them?
     
  2. is there anything surprising about a 5% move down after a 60% straight up move?
     
  3. AyeYo

    AyeYo

    Yes. This market is only supposed to go up. Cramer told me so.
     
  4. lol. actually i have been following what cramer has been saying the market will do this week. he changed his mind 4 times this week.
     
  5. lindq

    lindq

    Well, that's probably more often than he changed his underwear.
     
  6. volente_00

    volente_00

    He did say on tues or weds that if you wanted to sell this week, then you should do so on thurs afternoon.