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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: estatemakr who wrote (147889)9/19/2008 2:44:51 AM
From: lifeisgoodRead Replies (1) of 306849
 
If I were long the market (I'm currently flat) I would absolutely FREAK OUT if they banned short selling and would immediately sell everything I own. Why? Because such a drastic measure by the SEC, if taken, would be a clear signal that the shit we are in is incomprehensibly deep.

Don't be surprised if the long "smart money" runs for the hills the minute the SEC bans all shorts. We could see a market collapse of epic proportions with major indices losing half their value in a matter of days.
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