Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: Winstonwolf who wrote (138)	1/30/1998 1:54:00 AM
From: BenYeung	Read Replies (3) of 492

Just a question, am I just smoking too much sh*t or are other people stupid. I came across many sites, and some people have been saying that short selling causes declines. ("I guess today's lack of buyers and the many short sellers cause the stock to go down on a up-market day.....") What happened to the up-tick/zero-tick rule? Even if Ney's Theory does not exist, I thought that only selling but NOT short selling will cause declines in stock prices, supported by the SEC rule of up/zero tick. This short-selling rule was implemented by the SEC to avoid the acceleration of stock prices. (but specialists/MMs can do whatever they want) If not, anybody with a large sum of money can short the heck of a thinly traded stock, accelerate the decline by causing a panic, and cover for a profit. Some people around these threads are so stupid that pisses me off. Unlike Fenton, some dont even have valid reasonings when they bash a company.

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