Market down? Blame us short sellers!

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

  1. 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


    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


    Well, that's probably more often than he changed his underwear.
  6. He did say on tues or weds that if you wanted to sell this week, then you should do so on thurs afternoon.