They just banned short selling in US

Quote from ssblack:

Well, won't this mean much more continuous moves / trending markets now? :D

Either straight up, or straight down when the puke point is reached globally.
I disagree. I think the downside is VERY limited, and the upside has at least 100 handles.

nitro
 
Quote from killthesunshine:

who are they pissed off at? seriously who's to blame for what?
Uh, I mean no disrespect, but, you don't think there is a bit of anger at the short sellers FROM THE ENTIRE WORLD?

AHAHAHAHAHAHAH.

Seriously, I am not laughing at you. I just find it funny.

nitro
 
Quote from nitro:

I disagree. I think the downside is VERY limited, and the upside has at least 100 handles.

nitro

nah, I meant during corrective moves. IE, the China market in the last several months.

basically, roller coaster rides from now on, with no consolidation in between. ie, straight up, or straight down. :)
 
Quote from Mvic:

Won't people still be able to use SSF for the stocks that have them?
I heard on the floor of the CBOE (CBOE owns OneChicago) that SSFs rates are going to go through roof.

SUSQ and TIMBER make markets in the SSFs. They are kept inline believe me.

nitro
 
Quote from ssblack:

nah, I meant during corrective moves. IE, the China market in the last several months.

basically, roller coaster rides from now on, with no consolidation in between. ie, straight up, or straight down. :)
Well, I am not 100 delta on my beliefs. But if this doesn't smell as a tradeable bottom, my gawd man, what does?

nitro
 
Quote from dhpar:

by the way, i do not beliveve that this rule will see reality. it is some kind of confussion with naked stuff....


http://www.bloomberg.com/avp/avp.as...cache/vP_9j31V94Ek.asf&vCat=/av&RND=371383873


I agree. I was going to post that this is a misunderstanding. You can stop short selling because its how financial companies hedge their longs. The Option markets couldn't function because you couldn't buy a call. Insurance companies couldn't have variable annuities because they couldn't hedge. Insurance is the foundation of banking, banking is the foundation of the economy and the economy runs the markets.

Its ain't going to happen. Why lift the uptick rule then ban it all together?? The people who got the uptick rule cancelled were convinced based on studies that it wouldn't affect the market. I don't see these same people now saying banning it will do any good.

Chinese markets have fallen 70% and short selling is illegal there. We ban it here and the markets will tank after the shorts get out (after the cover rally) because no shorts are there to take profits


John
 
Quote from nitro:

I disagree. I think the downside is VERY limited, and the upside has at least 100 handles.

nitro

as I write, we're 100+ points off the low in the ES...

B
 
Quote from jficquette:

I agree. I was going to post that this is a misunderstanding. You can stop short selling because its how financial companies hedge their longs. The Option markets couldn't function because you couldn't buy a call. Insurance companies couldn't have variable annuities because they couldn't hedge. Insurance is the foundation of banking, banking is the foundation of the economy and the economy runs the markets.

Its ain't going to happen. Why lift the uptick rule then ban it all together?? The people who got the uptick rule cancelled were convinced based on studies that it wouldn't affect the market. I don't see these same people now saying banning it will do any good.

Chinese markets have fallen 70% and short selling is illegal there. We ban it here and the markets will tank after the shorts get out (after the cover rally) because no shorts are there to take profits


John

it's a huge gamble on the complexion of the next downleg - short covering is what keeps bottoms from becoming crashes
 
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