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I agree with Archman - this SEC action is because they are being told to prop the stock market up at all costs.
Aug 20 22:57 pm
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All Comments by stkinvestor »SEC Considering 'Market-Wide' Short Sale Rule [View article]
My guess is that it may provide a short lived rally, but longer term the fundamentals of this market are utterly terribly, and it will take alot more govt intervention than this in order to prop them up.