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WarChild 09-18-2008 01:42 PM

US Stock Market
 
The UK has banned new shorts in Financial Stocks.
US pensions are refusing to lend shares to short positions.
Investors are no longer allowed to naked short.
The New York Attorney General is launching a probe looking for abusive short selling.
US markets are rallying and gold is selling off.

US MARKET OVERALL PICTURE

pocketkangaroo 09-18-2008 01:45 PM

They are also going to bring back RTC and have taxpayers buy up all the shitty debts of these companies. That is the biggest reason for the rally.

ADL Colin 09-18-2008 02:01 PM

Quote:

Originally Posted by pocketkangaroo (Post 14776584)
They are also going to bring back RTC and have taxpayers buy up all the shitty debts of these companies. That is the biggest reason for the rally.

Volcker had an op-ed piece in the WSJ recommending that

slapass 09-18-2008 02:02 PM

Yeah!!!!!!!!!!!!!!!!!

pocketkangaroo 09-18-2008 02:03 PM

Quote:

Originally Posted by ADL Colin (Post 14776685)
Volcker had an op-ed piece in the WSJ recommending that

It would be the biggest bailout we've ever seen. Trillions of dollars.


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