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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TraderXx who wrote (19904)9/24/2001 10:10:55 PM
From: Lucretius  Respond to of 52237
 
GFY.



To: TraderXx who wrote (19904)9/25/2001 3:51:59 AM
From: Steve Lee  Read Replies (1) | Respond to of 52237
 
Prohibiting shorting would send a clear message to all the market participants:

The SEC can change the rules to manipulate the market in a desired direction when it sees fit

That message would prevent me from participating in the US markets.

The argument that shorting creates an imbalance by increasing the number of shares available is more than countered by the effects of margin - which allow 2 or 3 times the amount of stocks to be bought than people can really afford.

If shorting goes, so should margin.