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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (19891)9/24/2001 9:24:33 PM
From: Trumptown  Read Replies (3) of 52237
 
This may goose the market a little tomorrow:

cnnfn.cnn.com

>>WASHINGTON (Reuters) - The ranking Democrat of the House Financial Services Committee has asked financial regulators on Monday to consider putting a temporary halt to short selling, saying the practice may be putting further pressure on already fragile markets.

"I am concerned that the confluence of negative macroeconomic forces and possible short selling and speculation in stocks from industries now under pressure may be adding to the downward cycle we are seeing in the markets since trading resumed on Monday," said John LaFalce (D-N.Y.).<<
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