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A Primer for Trading Citi This Week
[
View article
]
"Ban short selling for a year and bring back the uptick rule."
Highly unlikely.
This market right now, is in the midst of "Wealth Transfer".
Wealth being taken from retail (all of us) to the hedge, institutional and big brokerage funds.
Call me crazy, but these guys need to replenish their empty "pots".
The Government knows full well what banning short sales and reinstituting the uptick rule would do.....thats why they have NOT done it.
Not till the big boys are done "cleaning" up.
Heck, if Russia can SHUT their markets down, our government could reinstate the "uptick" rule quickly.
IMHO, maybe wrong, but thats what it looks like to me.
Nov 24 07:14 am
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15 comments
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A Primer for Trading Citi This Week [View article]
Highly unlikely.
This market right now, is in the midst of "Wealth Transfer".
Wealth being taken from retail (all of us) to the hedge, institutional and big brokerage funds.
Call me crazy, but these guys need to replenish their empty "pots".
The Government knows full well what banning short sales and reinstituting the uptick rule would do.....thats why they have NOT done it.
Not till the big boys are done "cleaning" up.
Heck, if Russia can SHUT their markets down, our government could reinstate the "uptick" rule quickly.
IMHO, maybe wrong, but thats what it looks like to me.