Wall Street Breakfast: Must-Know News [View article]
This article indicates that the SEC will even implement more stringent rules regarding Naked short selling for the broader market, not just certain stocks. I think that this will really help turn the tide and give the longs some traction.
Wall Street Breakfast: Must-Know News [View article]
Naked short selling is history as of opening bell tomorrow. As my suspicions tell me that Etrade, as well as other financials, have been victimized by "Naked" short selling, we may see some releif.
> Unfortunately, over the next several years we will need to work through > two economic realities: > 1. We will need to export as much as we import. The dollary must > decline. > 2. We are major debtors at personal and governmental levels. Thankfully > corporate balance sheets (ex banks) are fine. > > Aside from the level of pain and the duration, a big question will > be whether we stay as committed to free market capitalism. Pessimists > would say - not in a democracy.
Wall Street Breakfast: Must-Know News [View article]
www.ft.com/cms/s/d28fc...
Wall Street Breakfast: Must-Know News [View article]
news.yahoo.com/s/nm/20...
On Jul 15 04:56 PM RightinSanFr ancisco wrote:
> Unfortunately, over the next several years we will need to work through
> two economic realities:
> 1. We will need to export as much as we import. The dollary must
> decline.
> 2. We are major debtors at personal and governmental levels. Thankfully
> corporate balance sheets (ex banks) are fine.
>
> Aside from the level of pain and the duration, a big question will
> be whether we stay as committed to free market capitalism. Pessimists
> would say - not in a democracy.