This morning I woke up to a news flash that the SEC had banned short-selling of 799 stocks, mostly financial-related, in an attempt to save the market. The ban will hopefully be lifted on October 2. It seems to be working so far...it feels like an amusement park without a roller coaster, though. It would be great if they could exclude individual investors with limited money supply from the ban, not that I'm dying to short-sell.
Now, I want the same deal on the housing market as well!
Subscribe to:
Post Comments (Atom)
2 comments:
LOL.. who said market is controlled by "invisible hand"? It's way too visible, isn't it?
Welcome to the USSA!
Post a Comment