They just banned short selling in US

[Landis82]

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?

Yes, you are.

How do you think these inverse ETF's actually reflect the inverse of the actual index?

 

[just21]

Does after hours stock trading close at 8pm est? I am trying to buy some uk bank adrs.

 

[mokwit]

Once they see how stocks go down with no shorts to cover they will rescind this.

Currently Joe public is using credit cards to replace the money he got from home equity, only a matter of time before he raids the 401K to fill the SUV.

 

[mokwit]

............and all because GS stock went down.

 

[Cutten]

"When I picked up my newspaper yesterday, I thought I woke up in France. But no, it turned out it was socialism here in the United States"

"We no longer have a free market in the United States, we have a government controlled free market''

- Senator Jim Bunning

If you want to short-sell now, better go trade on the French stock market - it's still legal there

 

[traderpro]

This is not good news at all.

 

[runningman]

Quote from slapshot:

In case you haven't noticed, the Dems have been in control of Congress for about 2 years now. The President doesn't control these kinds of stupid policies, Congress + Senate ultimately does. Via political pressure on the folks that impelement these decisions, regardless of who appointed them.

Senate Banking
Congressional Finance
SEC
etc.

By the way, if you insist on blaming Presidents, the first bubble (tech) was Clinton's (+ that fucking idiot Greenspan) and we've been reeling back/forth from them ever since. That is what started this pendulum swinging wildly. We are just feeling the last effects of it. It is common knowledge that a President's policies take much longer to filter into our lives, usually about a decade or so. Congress? About 2 years.

Not to mention for 8 years Clinton was so alseep at the wheel for national security that we got 9-11 a few months after Bush took office. They planned it for 6 years or more. So wo do you think was the root cause of all this? Bush may have mishandled some of it but he sure as hell didn't create it.

Learn your freakin' history and facts, please.

whatever helps you sleep at night...

 

[JamesVU2000]

The last time we pulled all this crap was the great depression.

The government is going to start monetizing all bad debt.

 

[Cutten]

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.

Emigrate to a genuinely free capitalist country, like France, where both short-selling and gambling are legal. Whatever you do, don't stay in a socialist command economy like the USA.

 

[PocketChange]

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.

You can still pimp out your wife