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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Galirayo who wrote (200354)5/5/2009 4:26:06 PM
From: PerspectiveRead Replies (1) of 306849
 
The problem with these short squeezes is that GS has singlehandedly recreated the condition that Paulson et al. created with the short-sale ban. Sell - to whom? There won't be anybody for GS to sell to. It's like a bunch of people at a party that ends at 2AM, and with the last, and only, taxi leaving at 2AM. Nobody worries about leaving before 2AM; everyone is convinced *they* will be in that last taxi. But it is a mathematical impossibility.

BC
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