blackbody

When Hedgies Attack: Morgan Stanley Drops 40% on Rumors

last I checked MS is one those companies that can't be shorted. So you can't blame shorts for today's sell down.

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.