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NEWS: FED BANS BUYING STOCKS


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#1 Rogerdodger

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Posted 19 September 2008 - 10:37 AM

FED says that not allowing buying or selling will stabilize the market.


As the President just said: Lawbreakers will be "PERSECUTED"!

Jeeze.

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#2 linrom1

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Posted 19 September 2008 - 12:07 PM

FED says that not allowing buying or selling will stabilize the market.


As the President just said: Lawbreakers will be "PERSECUTED"!

Jeeze.

Posted Image



Where is A-ha, whales must be migrating to safer places like China and Russia.

#3 nimblebear

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Posted 19 September 2008 - 12:11 PM

and all the grammarcons just went Nukular when he said that. Persecuted, prosecuted, tomayto, tamahto, what's the diff - they know what I meant :lol: :lol: :lol: )
OTIS.

#4 cgnx

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Posted 19 September 2008 - 12:59 PM

Just close it all down like the Russians. And lets wait till home prices go back up again. :lol:
If it can be cornered, it will.

#5 Data

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Posted 19 September 2008 - 01:45 PM

SEC to impose uptick rule for shorts. "At a hearing of the House Committee on Financial Services last month, SEC Commissioner Christopher Cox announced the regulator was studying whether or not it would be feasible to require the price at which a short sale occurs to be at least five cents or 10 cents over the last trade or current quote." "Any move by the SEC to reinstitute a price test would repudiate its actions of last year when, through Regulation SHO, it repealed the rule that forced traders to wait for an uptick before shorting. Cox noted at the hearing that the uptick rule has been largely toothless since 2001 when the industry went to decimalization and a tick became only 1 cent."

Edited by Data, 19 September 2008 - 01:48 PM.


#6 OEXCHAOS

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Posted 19 September 2008 - 02:00 PM

Idiot. Fire Cox. Yesterday.

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#7 nimblebear

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Posted 19 September 2008 - 03:52 PM

Idiot.

Fire Cox.

Yesterday.

and hire Putin !!! ;) Cox is his code name. Its really Dunya Coxnykasov !
OTIS.