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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies
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From: dvdw©9/15/2008 9:56:25 AM
of 3821
 
Take your time, nothing being sold across our complex. You would chuckle if you had noted the volume used pre market for the price markdowns, perhaps I will post them later. Give em all the rope they want, we know the fundamentals of valuation, we know the Rubiks routines employed to steal market cap......we know the difference between a pig and a poke. Be margin neutral and watch for larceny that demands rotation.

There was also this news release this AM but its hard to judge whether or not it too is Rubiks;

SEC to act on abusive short selling: source
Mon Sep 15, 2008 1:27am EDT

WASHINGTON (Reuters) - U.S. securities regulators plan to take action on abusive short selling of stock before the end of the week, a source briefed on the matter said on Monday.

The measures come as Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research, Stock Buzz) prepares to file for bankruptcy protection, intensifying concerns that other major financial stocks will continue to plummet.

The Securities and Exchange Commission will likely adopt two proposals designed to strengthen its short-selling rule, the source said.

The SEC will also move forward with a plan that would shorten the time traders must buy back the stock if they fail to deliver a security by the settlement date.

The SEC will not reinstate a temporary emergency rule that required traders to preborrow stock before executing a short sale.

(Reporting by Rachelle Younglai; Editing by Quentin Bryar)
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