Quote from regal_2012:
to clarify things:
that link I posted is just the begining of things to come, the tip of the iceberg so to speak.The plan will come around in steps.that was just step one, targeting naked short sellers.Eventually all short sellers will be targeted and basically the SEC the FED the government and major banks want to put an end to shortselling.
so, if you are a perma short your a target of the SEC.
why do you think all of a sudden the SEC is cracking down on prop firms.Prop firms are basically short selling entities which cause havoc and disruption in the equity markets.They want to put an end to that ASAP.
as for this week I predict a closing price on the ES of 1388 this Friday at 4PM.