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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (10011)9/17/2008 8:52:57 PM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
John, Just watched CNBC and the head of CALSTERS has called upon all state pension funds to restrict loaning out of shares to sell....

Yeah.. actually saw that earlier this afternoon. But it pertains only to Morgan and Goldman stock, is what was said.

A guest analyst had the right response though.. CALSTERS stock shouldn't be available for shorting since it's not held in a margin account, nor is there a margin debt against it.

But I like the message that is being sent.. ;0)

Hawk