Europe: SHORT Sellers To Be Banished
storm888
Posts: 11,701 ✭✭✭
http://www.businessinsider.com/europe-short-selling-ban-2011-8
Great. Now, the buyers of last resort are out of the game.
Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
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Comments
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I knew it would happen.
...gee, that sure does sound familiar. LOL
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Are they sending them to Australia again?
MJ >>
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No, but their MONEY will go wherever it is welcome.
I know that I am "biased" toward the SHORT side of every market,
BUT it is a FACT that when my bets are prohibited, the parlor is on
its last legs.
You cannot bamm the last - and MOST certain - provider of liquidity
and expect anything other than market destruction.
If we look back to 2005 - even before - we can see signs that SHORTS
were actually PREVENTING the kind of implosions that happened when
the Fed first interferred in 2007 and set the stage for 2008/09. Markets
cannot keep capital from flowing in the direction of its greatest returns
and survive the consequences; it's impossible.
The notion that SHORTS did not see what was about to happen by 2006 -
and before - is nonsense. We were NOT speculating; WE KNEW. We did
not "cause" the troubles, we simply saw them coming and placed our bets.
It is totally FALSE to think that SHORT bets "cause" junk stocks to tank.
Those stocks tank because they ARE junk long before the SHORTS ever
get to the window.
Try to control the direction my money flows and I will take it elsewhere;
maybe even to Australia.
I also trade better from the short side.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>My Australia comment was tongue and cheek............it was in reference to when the UK ( Europe) made Australia their penal colony. They sent all their bad eggs to the land down under. Short sellers aka bad eggs are usually looked at as villains or criminals when nothing could be further from the truth.
I also trade better from the short side.
MJ >>
That's how America was colonized too
<< <i>My Australia comment was tongue and cheek............it was in reference to when the UK ( Europe) made Australia their penal colony. They sent all their bad eggs to the land down under. Short sellers aka bad eggs are usually looked at as villains or criminals when nothing could be further from the truth.
I also trade better from the short side.
MJ >>
Curiously enough, the last batch of British prisoners to be transported to Australia were a group of stock brokers convicted of some scheme. For decades, Australians trying to swank it up claimed that they were the descendents of the stock brokers, and not the common criminals that preceded them!
LOL!
TD
<< <i>My Australia comment was tongue and cheek............it was in reference to when the UK ( Europe) made Australia their penal colony. They sent all their bad eggs to the land down under....MJ >>
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I know.
I was ranting against the talking-head cheerleaders on CNBC, who
depend on a continuous flow of SUCKERS to profit on bad advice
and bogus opinions.
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I knew it would happen.
<< <i>It puts the small investor at almost insurmountable odds against the flash trading equipment. They will clip you at every turn and then tie one hand behind your back too. >>
In my opinion that makes it two hands tied behind your back...even having short selling availability, it's still one hand tied behind your back.
There is no conceivable, possible way in the long run, that anyone not privy to be on the "inside" and with very large transactions, can make money day trading commodities or stocks. It's fun and interesting to discuss the short term trends, but the only way to be successful and make money is long term strategies of at least 6 months or preferably more, which can include precious metals as a percentage of an investment portfolio.
Day trading this stuff? All ya windup becoming is a losing stooge to the brokerage trading house.