They just banned short selling in US

This could be setting up the mother of all gap and crap opens.

 

If it doesn't get approved, SIFs will sell off hard. If it does get approved, why on earth would you let an institution in cheap? FREE $$$$. NO RISK. Lift all offers. Make'em Pay.

nitro

 

Well Nitro, for one thing, it is definitly a bottom. However, it is also the death to the markets if it its passed. However, I think it has to do with Naked Short Selling. Not the good "NAKED" as in Nat. Port. if you know what I mean.

We have just had 'Wall Street" destoryed. Regardless of how you look at it, its been devistated. This is far worse than the 1929 crash.

Regulations, upon regulations, upon regulations will follow...regardless of the Election outcome.

the Death of Free Markets is upon us. Or at least in the US.

Time will tell.

E

 

Quick tip - buy ES Sep puts if/when it goes limit up.

 

My understanding of inverse ETF's is that they just move the opposite of the stocks. So shorting wouldn't matter, just up and down movement. Am I totally ignorant about ETF's?

 

Was this ever done before?

 

hundreds and hundreds of people/funds are going to go bankrupt tomorrow if this is real - this is unreal - like 3rd world war.

 

I am 90 delta it is [would be] unprecedented in the US.

nitro

 

The whole world has gone nuts. All for a lousy 20% correction. Just unreal.

 

well, the bank that issues ETFs needs to hedge them...
anyway who would like to own them when the only direction of any stock is only up?