Since Bush appointees at the SEC changed the uptick rule in the summer of 07 the market didn't take long to assimilate to the short side trending we're experiencing. Surly the credit crisis is THE overriding cause for the bearishness but it stands to reason that facilitating shorts can't be buoying prices. Hedge funds and the major financial houses are just pulling the trucks up to the front doors of retail novice investors who choose not to go on margin. Don't take my word for it, no less a market analyst than JOhn Bollinger has agreed. Do a search and read the editorializings about it. Its out there, it hurts. It shouldn't even be called Investing anynmore.
Apple at $135: Low Hanging Fruit [View article]
buoying prices. Hedge funds and the major financial houses are just pulling the trucks up to the front doors of retail novice investors who choose not to go on margin. Don't take my word for it, no less a market analyst than JOhn Bollinger has agreed. Do a search and read the editorializings about it. Its out there, it hurts. It shouldn't even be called Investing anynmore.