SEC Considering 'Market-Wide' Short Sale Rule [View article]
I agree with Archman - this SEC action is because they are being told to prop the stock market up at all costs.
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.
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.