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Short Selling Banned!


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#61 SemiBizz

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Posted 18 September 2008 - 09:52 PM

We should have KNOWN... You look yesterday and today with Goldman DOWN 30. Who could take GS DOWN 30 in a day? Why Goldman Sachs of course.... :cheer: And today when they took the SPX down to 2004 levels, do you really believe they were not FULLY AWARE of what was coming this afternoon? :angry: Anyone REALLY BELIEVE they didn't know it? :lol: THIS APPEARS TO BE CRIMINAL ACTIVITY But of course it will NEVER be investigated because it looks like the perpetrators and enforcement folks are on the SAME TEAM... RIDICULOUS !! I AM CLOSING MY REMAINING POSITIONS AND GETTING OUT OF THIS CROOKED CASINO !!!
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#62 tommyt

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Posted 18 September 2008 - 09:54 PM

BTW, I do think almost all goverment actions messing with the market, eventually lead to the outcome they were trying to not have happen. These market cycles have to play themselves out...temporary speedbumps are only that. What a waste...and to think Paulson is Goldman, who should HAVE a superior understanding of this game.

#63 JFC

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Posted 18 September 2008 - 09:55 PM

Long time lurker . . . first time poster (I don't measure up to many here) But I have a hypothetical question predicated on the hypothetical enactment of no longer allowing short sales. If one already has a position, does that position need to be covered (similar to, say, a margin call) or are existing short positions allowed to remain . . . just no new short positions can be taken. Just curious . . . and thanks

#64 zman

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Posted 18 September 2008 - 10:04 PM

I have been saying all year "this is truly a sad in america" and now for the gosh how many times I have to say it again..this is a sad day in america..our whole system is caputs...nothing works anymore...we have leaders who lie, cheat, steal...truly a do over is needed
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#65 milbank

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Posted 18 September 2008 - 10:13 PM

Long time lurker . . . first time poster (I don't measure up to many here)

But I have a hypothetical question predicated on the hypothetical enactment of no longer allowing short sales. If one already has a position, does that position need to be covered (similar to, say, a margin call) or are existing short positions allowed to remain . . . just no new short positions can be taken.

Just curious . . . and thanks


Hello JFC.
The news reports are vague. We'll have to wait until tomorrow morning to find exactly when and how they are going to execute their rape.

Edited by milbank, 18 September 2008 - 10:14 PM.

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#66 geosing

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Posted 18 September 2008 - 10:26 PM

You would no longer be able to short index futures.
U.F.O.


Unless they want to eliminate the entire futures market, it is not possible NOT to have selling short index futures or any futures. There cannot be a long contract unless there is also a short. If that comes to pass, I am out of this line of work. :P

Geo

#67 JFC

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Posted 18 September 2008 - 10:27 PM

Hello JFC.
The news reports are vague. We'll have to wait until tomorrow morning to find exactly when and how they are going to execute their rape.




Thanks Millbank . . .

#68 gorydog

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Posted 18 September 2008 - 10:37 PM

...

Edited by gorydog, 18 September 2008 - 10:39 PM.


#69 gorydog

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Posted 18 September 2008 - 10:38 PM

Shorting is passe anyway. Why would you short a stock anyway? You have put options. All can be done with those. I've seen a few folks bankrupted shorting stocks like dell and stratacom back in the day. I tryed to tell them but......

A put option would have limited there loss.

Could someone explain a reason why you had to short a stock, that could not be done with options?


These wall street gangsters crush stocks till everyone says uncle, and believe me they have patience. Then and only then do they run it hard and fast.

I'm pretty sure theyjust did it big time with gold stocks. I bet they sold those down hard with company money and I bet have been scooping them up with there own personal money. I would love for there to be an investigation into this. We shall see who makes the killing down the road.


:clap: :clap: well said

I think the spread and the lack of stops make puts clumsy for VST trading. For swing trading I would agree. Is shorting is banned, CBOE volume will fly
GD



#70 arbman

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Posted 18 September 2008 - 10:48 PM

Tonight I spoke with my neighbor about how these people are getting away with the worst crimes, he said I am depressing them and he didn't want to listen, then I thought people deserves all the crap they are getting from the gov't...