They just banned short selling in US

[retire45]

Has anyone read the document? The ban expires Oct 2nd.

 

[nitro]

11000 bid ES pre market TOB.

nitro

 

[auspiv]

haha how the hell are you supposed to trade with 10 cars at ask and 10000 on bid?!?

 

[nitro]

15,000 ES Bid premarket TOB.

nitro

 

[turkeyneck]

Quote from retire45:

Has anyone read the document? The ban expires Oct 2nd.

But with a provision to extend 30 days if necessary.

 

[nitro]

Good luck and good trading to all.

nitro

 

[Traber]

this is crazy

 

[Joab]

Quote from retire45:

Has anyone read the document? The ban expires Oct 2nd.

Your still missing the point.

IF the government keeps meddling in FREE market no one in the world will ever TRUST them again.

In case you don't know, that's a very bad thing.

 

[ElCubano]

it will be far worse if it doesnt work.....negative market today will make market implode....wow black monday for sure and no blaming the shorts....talk about slap in their face....

 

[tradenaked247]

Yep... shorts got nuked so bad. That wasn't me, but I wonder how many people blew up their accounts on this change the rules in the middle of the game play.

Now, think about how things are going to meltdown from the ban. The ban could be nail in the coffin instead of the saving grace.