U.K. Proposed Ban on Shorting Financials Until JANUARY

[gucci]

Quote from RedDuke:

Purely amazing.


" to protect the fundamental integrity and quality of markets and to guard against further instability in the financial sector," said Hector Sants, chief executive of the FSA. End of Story

Priceless.

 

[gbos]

It will not stop worthless stocks from going further down but it will put an end to self fulfilling prophesies.

 

[Cygnus Atratus]

Who wants to go with me and force them to U-turn this stupid decision. These guys are stupid !!! Look at what happened during UK banks rights issues in summer !!!
Anyway this only serves to sharpen our resolve, SHORT SELLERS OF THE WORLD UNITE, WE HAVE NOTHING LOSE !


25 The North Colonnade,
Canary Wharf,
London E14 5HS


P.S. I hope we get another rally to short into

Anyway we still have South African equities and Eastern European currencies to attack, plus the ever silly Argentina

 

[SWINGTRADER77]

I thought we lived in 2008- buy or sell?Simple sell the DOW on rallies then

 

[SWINGTRADER77]

ps- tell darlings mate brown- he did a great job of selling all the british gold reserves at a all time low

 

[Cutten]

Interesting experiment now - how the FTSE 100 will perform compared to the S&P 500 until January, with the lack of shorting.

 

[just21]

The temporary US ban on short selling, in 19 financial stocks, worked in the summer. BOA rallied 50%.

 

[SWINGTRADER77]

the " ban" i thought- USA/UK was a free society- not nazi germany

 

[Cutten]

Quote from Cutten:

Interesting experiment now - how the FTSE 100 will perform compared to the S&P 500 until January, with the lack of shorting.

Silly me, thinking the US would not ban shorting outright!

 

[Cutten]

Quote from SWINGTRADER77:

the " ban" i thought- USA/UK was a free society- not nazi germany

Do you have permission to make that comment? Your papers please