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Europe: SHORT Sellers To Be Banished

storm888storm888 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.



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Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.

Comments

  • Actually, short selling to be banned NOT short sellers to be banished. image
  • derrybderryb Posts: 36,793 ✭✭✭✭✭

    "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

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    Classic example of denial, particularly dangerous if you don't snap out of it.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • stevekstevek Posts: 28,966 ✭✭✭✭✭
    yep...blame somebody or something else for causing the problem...in order to try to deflect criticism away from themselves who are actually the cause of the problem...

    ...gee, that sure does sound familiar. LOL
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Are they sending them to Australia again?

    MJ
    Walker Proof Digital Album
    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......
  • storm888storm888 Posts: 11,701 ✭✭✭


    << <i>Are they sending them to Australia again?

    MJ >>



    //////////////////////////////

    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.










    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    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
    Walker Proof Digital Album
    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......
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭


    << <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 tooimageimage
    Avid collector of GSA's.
  • CaptHenwayCaptHenway Posts: 32,116 ✭✭✭✭✭


    << <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
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • storm888storm888 Posts: 11,701 ✭✭✭



    << <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 >>



    //////////////////

    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.





    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭
    I would assume this shows absolute desperation to avoid a market crash.
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    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.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • stevekstevek Posts: 28,966 ✭✭✭✭✭


    << <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.
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