I am not sure there are alot of systems that are working right now with all the wipe saws..
Real stops are so important...especially now. You are having monthly moves in hours right now.
spec
A deal will get done, what kind nobody knows. This market is short right now, i do not expect a further selloff, actually I expect
buying into the close to square up ahead of what may happen on the weekend...
Salvia
Banning short selling gives the gov the time to find a realistic solution to the once in a lifetime situation. If the financial system stops then so does the economy.
You can argue who is responsible but we need a rest, a break to find a proper solution....No more of these daily...
I think the shorts are right about the Financial Institutions Balance Sheets. I do not think they should be allowed to destroy or freeze up or whatever you want to call the whole financial system.
Time is needed to find a solution to this problem and killing off 75% of the financial Inst...
I do not think so either but if anyone thinks this over its not, I think shorts will continue to grind this lower, shorts went wrong in all out assault. If they would have just continue the grind they woul not have been punished....
The real problems are still there, weak economy, lower house prices and whole lot of shitty assets that are being shifted from one place to another....
Once this is said and done, the slow grind down will continue until house price stabalize....