Search results

It's all in baby!

Just think how hysterical people get when the markets have more than a 20% correction. When did the US become land of the crybabies anyway?

I've already detailed reservations that I have about Ron Paul: http://www.elitetrader.com/vb/showthread.php?s=&threadid=110607&perpage=6 As I've said before, I would probably vote for him anyway.

I'm sure it will be the next regulation to pass.

I believe he was referring to Ron Paul's social views which I can see as being described as whacky. Economically speaking, Ron Paul is the only candidate who knows anything.

That's brilliant. I suppose "We need another bailout for some crappy company that overleveraged and deserves to die" wouldn't cut the mustard, so they went with "Financial terrorism out of Dubai!"

If the uptick rule makes so much sense, we should implement a downtick rule too for buying. That makes just as much sense. Obviously you are not one for fair price discovery. Blaming naked shorting is fine, but the only reason the absence of the uptick rule would affect anything is if...

Let's just say that if anybody ever bothered to open a history book, they would learn that artificial mechanisms to prohibit true price discovery never work as intended. Failure is part of capitalism but the people in charge want to eliminate the failure portion of the equation. Unfortunately it...

How many of these trade busts were electronic trades? - I am guessing a fair number. Electronic trading does not guarantee that you won't get screwed over by a late and incomprehensible bust.

Oh I definitely understand. But having exceptions for some draconian rule is just another way to screw up our capital markets. If they want to play this way, then everyone should get to play.

100% guaranteed they bring back the uptick rule because we have morons running the show.

Friday has got to go down as one of the most ridiculous trading days ever in recent history. The amount of bullsh*t streaming out of our financial markets is at all time high.

Actually, I think the option market makers should be as screwed as everyone else and not be allowed to short the 800 financial stocks either. That way, the SEC and the powers that can be will get a taste of their own medicine when people start walking away from this market entirely. This banning...

Should my trades have been busted by now if they were going to be busted?

I mean, who knows? These people are so retarded anything is possible. A line has been crossed here that is just plain embarrassing. Buy gold, put on the tin foil hat, and hide in your bunker I say. Too many people on CNBC are just way too happy today - I am predicting pain soon.

Wow, what a crock.

Any inkling which stocks and which hour?

I'm waiting for the regulation to follow the regulation that makes you abide by the regulations.

I thought he meant the NYSE wasn't accepting any orders. Me super stupid.

All I know is a market without shorts means a market ready to crash with no buffer.