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HEADS UP!! GERMANS TO OUTLAW SHORT SELLING


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#1 SemiBizz

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Posted 18 May 2010 - 11:25 AM

12:16 German Finance Minister Schaueble plans to ban SHORT SELLING... (at midnight tonight)


Per REUTERS
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

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#2 stocktrender

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Posted 18 May 2010 - 11:28 AM

12:16 German Finance Minister Schaueble plans to ban SHORT SELLING... (at midnight tonight)


Per REUTERS

The question is does that raise the market or spook it to crash. HMMMMMMMMM. I sold most of my shorts today. Market seems like it does not want to break here. Also going to be out the next two days so I don't want to be caught with this thing going back to 1170 and holding the bag. Will reevalute on Friday.

#3 vitaminm

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Posted 18 May 2010 - 11:29 AM

What about short etfs/funds?
vitaminm

#4 zoropb

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Posted 18 May 2010 - 11:32 AM

12:16 German Finance Minister Schaueble plans to ban SHORT SELLING... (at midnight tonight)


Per REUTERS

Dax went off the radar for me until it settles this out. It seems to be working real well for China. :lol:

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#5 SemiBizz

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Posted 18 May 2010 - 11:35 AM

Everything still boils down to the relative health of the EURO... As long the EUR/CHF 1.4000 peg holds. I guess it's bullish.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

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Posted 18 May 2010 - 11:42 AM

12:38 GERMAN ECON MINISTER BRUEDERLE SAYS 'IT'S POSSIBLE' SHORT-SELLING BAN WILL BE QUICKLY ENACTED (Reuters)


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 SemiBizz

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Posted 18 May 2010 - 11:44 AM

12:41 GERMAN NETWORK N-TV SAYS SHORT-SELLING BAN APPLIES TO STOCKS AND EUROPEAN GOVERNMENT BONDS(Reuters)


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#8 hitoya

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Posted 18 May 2010 - 11:44 AM

Everything still boils down to the relative health of the EURO...

As long the EUR/CHF 1.4000 peg holds.

I guess it's bullish.


It is holding there. Have not had short positions since yesterday. Sold at gap up for SSO position though. Buy back SSO after gap filled. Have some fun with gap.

#9 dhroz

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Posted 18 May 2010 - 11:44 AM

12:38 GERMAN ECON MINISTER BRUEDERLE SAYS 'IT'S POSSIBLE' SHORT-SELLING BAN WILL BE QUICKLY ENACTED (Reuters)

Could it be possible they are really going through with the threat of reinstituting the Mark?

#10 zoropb

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Posted 18 May 2010 - 11:47 AM

Everything still boils down to the relative health of the EURO...

As long the EUR/CHF 1.4000 peg holds.

I guess it's bullish.

Yeah great you get one short covering rally and then what. I would not buy the market unless I got a super cheap wholesale deal if I cannot short it. Why pay retail though the Dax was 11% undervalued on Friday but this may change things in the st and until the dust settles why touch it.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.