They just banned short selling in US

Quote from jasonjm:

ok but the key is it hasnt been approved

this could be a good short entry if they dont follow through, guess we will have to wait till market open tomorrow?
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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
 
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?
 
hundreds and hundreds of people/funds are going to go bankrupt tomorrow if this is real - this is unreal - like 3rd world war.
 
Quote from baggerlord:

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?
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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? :D
 
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