They just banned short selling in US

Quote from baggerlord:

man this is so wacked. The gov wants to ruin everything i do to make money, poker, trading. But they still want their half of my profit fking scumbags.

LOL!

nitro :D
 
Jim Cramer
BAN ON SHORT SELLING
9/18/2008 8:03 PM EDT
Oh man this Chris Cox is so bad. If he initiates a temporary ban on short selling every hedge that a goldman or a morgan has will go bust and he could put them out of business. This guy is a total loose cannon, All he has to do is simply bring back the old rules,. How could he be so wreckless and foolish? I hope the Journal's article is just plain wrong

Position: none
 
Quote from nitro:

Seriously, I think SIFs should gap up 100 handles. You can't short the equity market! I am looking at ESZ8 1223 bid. It should be locked limit up.

What's the risk?

nitro
not going to happen...
if the measure is temporary then why would anybody buy now when s/he thinks that after the temporary period SIFs should be lower?.....
 
I am still tripping out.

This is going to screw the markets in so many ways.


What the hell is to stop AAPL from trading at $500/share now?

its off to the races folks... load em up!
 
Quote from Iceman14:

Not sure it's such a bad thing, to be honest. Maybe they can make it a temporary 60 to 90 day moratorium.

Don't flame me, but the only reason I say this is because of these CDO mothers. Do you guys know what these CDO traders were doing?? They were buying these CDO swaps and shorting the stocks that they were against, so that the CDOs could land in the money! The way the CDO swap gained in value is when the likelihood of the company that they were against were more likely to go bankrupt! It was previously a protective play, not a speculative one!! I don't know, call me crazy, but that part of the system is f'ed up.

It's not a natural hedge -- it is subverting simple risk management to essentially force the flat price to go your way. Not cool.


If someone is bearish they should be able to do whatever they want. If there is intrinsic value in a company then someone would step up and buy - pretty simple stuff here....

Would we hear any complaining if someone who was bullish bough the equity, bought calls, bought the bonds and shorted the CDS's?

Unbelievable
 
i guess wall street will probably just make more inverse etf 's to accomodate daytraders, might not be a huge deal unless you are a abritrage autotrade type guy. It still sucks ass and i really ahte these people.
 
Get yer stocks now...this blue plate special will only be around till about October 29th...
when the Fed is forced to hike short rates...
 
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