The Beginning of Massive Securities Regulation is Upon us

Quote from DeeDeeTwo:

It will never become law because it's idiotic.
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Right!!! Never been any stupid laws passed before. Sure won't be one now.

I think repeal of the uptick law shows who's in charge, and who really controls the SEC. That's ok. Almost over.
 
I see many or almost all of you have no understanding of market dynamics at all.

You seem to have a naive view of what makes the market tick.

This accounts for your poor trading performance as well as your bad opinions.
 
Quote from aeliodon:

Why do you stalk him?

You're just a jealous little bitch because you'll never even have 1% of the money that he has.
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I'm jealous of what? Sitting on the internet ALL DAY and bitching about anything from naked shorts to SEC to Wall Street, yet STILL stay involved in racket and continue validating all of the issues. He is a hypocrite, who changes his angle all the time and continues this nonstop crying. After a while it got ridiculous and I had to call him on it.

I mean look at this idiocy. All this blah blah about the uptick rule and zero idea about how it worked, why it was put in and what effect it really had. Overall, it's just smoke and mirrors.

And if I suspect he is who I think he is, then he has negative equity.
 
Quote from AutoMate:

Well count me among the "tenth of a brain" contingent. What a fucking joke, you actually think that the whole mkt meltdown is because of some Boogey man rumors and a little short selling, give me a break. The reason this shit is coming unglued is because everyone has been turning a blind eye to the assinine leverage that the FNM and FRE 's of the world have been operating with and crossing their fingers hoping the whole thing doesn't blow up. Well guess what, it didn't work. The music has stopped and there appears to be a shortage of chairs. All this pissing and moaning about short sellers misses the point. The prices of the GSE's and financials have been coming to earth like Value Jet airliners over the Florida everglades because they are toxic shit, and built on a house of cards. Not because I shorted a few thousand shares, or cuz Stevie Cohen shorted a few hundred thousand. The emperor has no clothes folks, and the shorts aren't afraid to say it. If these companies don't belong in the shitter they will bounce, and hard (just like today).
However, Fannie and Freddie are leveraged to the tits and have been writing checks they can't cash without their daddy's help (Uncle Sam). If you want to be willfully blind to it, that's your perogative I suppose, but don't blame the shorts for creating the problem. It's the fault of those who were asleep at the switch while Fannie and Freddie were out partying like no tomorrow and telling the bartender to run a tab saying, "relax you know my Uncle Sam is good for it".
Let's not even get started on the issue of 'tier 3 assets' with investment banks.
LOL, ask me no questions, I'll tell you no lies. I guess it's ok if your wife is out screwing all the neighbours, as long as no one tells you about it.
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All these long only, mutual fund holding, non-technical fundies blaming the repeal of the uptick rule instead of on fundamentals.....all must have got their training at Bear Stearns.


They don't understand that a 3% move can wipe out those over leveraged financial bail-us-out wizards.

The uptick rule did nothing to prevent the largest crash on October 1987.

New rule, new rule. No selling. Long forever only.

New rule, new rule. No more stock market. Too many ouchies. Oh the pain. Can't wait a while for the market to equalize and recover. Fundies don't seem to want to understand that a stock or the market always finds its way to its proper price if overbought or oversold.
 
"They don't understand that a 3% move can wipe out those over leveraged financial bail-us-out wizards."

3%? I thought it was 1%.

I'm buying more, thats huge .
 
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