This is not clear sailing…
If the SEC bans short-selling I will question our ‘free market’ thesis. And will worry about the very fabric of American culture going down the drain.
Reinstate the shorting rules, add regulation, but DO NOT ban a free market transaction! Banning something is bullshit, and pretty much proves markets are constently manipulated.
Today is an artificial up day… I made good money… really I did, but unfortunately the markets will head back down as REAL FUNDAMENTALS SUCK! This took away from the real capitulation day we were suppose to have very soon… this just prolongs it, yet again!
I have already sold the options that I purchased in the afternoon because of this. Today is a sadder day then watching Lehman go under. Today we are wittnessing the deterioration of free markets, and subequently America.
