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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: robert b furman who wrote (40279)9/18/2008 10:34:32 PM
From: Return to Sender2 Recommendations  Read Replies (2) of 95531
 
Bob, they should enforce the rules.

Banning ALL SHORT SELLING is wrong.

I have sold shares short before though not for some time.

Was I cheating?

If I had shorted today, and thank God I did not, would I be forced to cover tomorrow under the ban?

The SEC is not interested enough in enforcing the rules. They want to manipulate the market.

That's just as bad as the manipulating from the naked short selling.

And it will cause another bubble.

They won't arrest the hedge fund managers that have been illegally naked short selling. They won't punish those who were responsible for allowing money to be lent to people who could not truly afford one of your vehicles for sale much less a house. They will make it easier for stocks to rise without any real fundamental reason for the rise.

They will simply create another bubble.

Just don't forget to take profits before they change the rules again because all bubbles end badly.

RtS
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