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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (135820)	7/22/2008 11:10:36 PM
From: Rarebird	Read Replies (3) \| Respond to of 306849

"Cramer: Shorts Are Not, Should Not Be Equal: The fact that there are so many people who defend this new system shocks me. Since when is it in the government or the peoples' interests NOT TO PROTECT solvent firms from needless runs on the bank caused by shorting? The day I have to defend the right of legitimate institutions to exist and not be prey to short-sellers armed with rumors and no borrowed stock is a day I just think it is worth saying that the goal of the market is to lose as much as can be made or more. That's not how I view the goal of the markets. If you do, I think that you simply believe that I am dead wrong, and I welcome the disagreement. These rules need to be put back in place. The slippery slope of ETF HOLDRs, that basically say, "You can bang down stocks, so why not get rid of the rules?" should also be turned upside down with a 10-cent tick rule, meaning you have to wait until you have a buyer willing to pay 10 cents higher. All of the academic work supporting this nonsense was done in a bull market vacuum encouraged by a laissez-faire administration that truly believes capitalism can regulate itself. If anything, if left to its own devices, it destroys itself. Even the communists, morons that they were, knew this. Think about this view today as you lose huge amounts of money in this declining bear market. You just might agree with me." thestreet.com