Uh, I mean no disrespect, but, you don't think there is a bit of anger at the short sellers FROM THE ENTIRE WORLD? AHAHAHAHAHAHAH. Seriously, I am not laughing at you. I just find it funny. nitro
nah, I meant during corrective moves. IE, the China market in the last several months. basically, roller coaster rides from now on, with no consolidation in between. ie, straight up, or straight down.
I heard on the floor of the CBOE (CBOE owns OneChicago) that SSFs rates are going to go through roof. SUSQ and TIMBER make markets in the SSFs. They are kept inline believe me. nitro
Well, I am not 100 delta on my beliefs. But if this doesn't smell as a tradeable bottom, my gawd man, what does? nitro
I agree. I was going to post that this is a misunderstanding. You can stop short selling because its how financial companies hedge their longs. The Option markets couldn't function because you couldn't buy a call. Insurance companies couldn't have variable annuities because they couldn't hedge. Insurance is the foundation of banking, banking is the foundation of the economy and the economy runs the markets. Its ain't going to happen. Why lift the uptick rule then ban it all together?? The people who got the uptick rule cancelled were convinced based on studies that it wouldn't affect the market. I don't see these same people now saying banning it will do any good. Chinese markets have fallen 70% and short selling is illegal there. We ban it here and the markets will tank after the shorts get out (after the cover rally) because no shorts are there to take profits John
it's a huge gamble on the complexion of the next downleg - short covering is what keeps bottoms from becoming crashes