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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (81663)	7/17/2008 5:01:31 PM
From: mishedlo	Read Replies (3) \| Respond to of 116555

Wachovia Hit With Surprise Inspection In Auction-Rate Debt Probe globaleconomicanalysis.blogspot.com When a good old-fashioned short squeeze is on, and one is on, see SEC Restricts Shorting 19 Financial Stocks and Selective Enforcement of Regulation SHO for more information, some things that might ordinarily matter, simply don't matter. Perhaps this is a big deal, and perhaps not, but stocks such as Wachovia (WB) typically do not soar 27% in the face of news like Wachovia Securities hit with inspection in probe. Mish