blackbody

Last Thursday Was the Bottom - It's Time to Get Back in

You say;

"In short, it's time to get back in. I am buying good companies that have been unfairly beaten down ... companies like shallow-water driller Hercules Offshore (HERO), dry bulk shipper Dryships (DRYS), and solid financials like Bank of America (BAC)"

which sounds like you do not yet have them but will buy since you think market have bottomed.

But the disclosure says;
"Disclosure: Author holds long positions in BAC, C, HERO and DRYS"

Which tells me you already bought these shares. So you are here to pump shares you already own. Will you be here telling people to sell before you sell? Or are you just a stock pimp?

Options Trader: Friday Outlook

I've always felt that pre-condition for market melt down was a frenzied market melt up. I think we are seeing that market melt up today (did you zion hit $131?). If banning short sales would prop up the market, then Chinese market would not ever go down. However we have seen a melt down in Chinese market. I suspect, without the buyers of last resort, either the FED and treasury have to buy the market or there will be a melt down of biblical proportion in not too distant future.