Although coupled with China lending money to investors to buy
stocks and a short selling ban, how long will it be before selling
your stocks becomes a criminal offense? Lol The press are
apparently not permitted to use the word selling in China now.
What was it really?...Who
knows.
Stopped a lot of open trades. A big sell off. China won't
allow that & now NY just switches the off button!
Stay physical. It's safest.Like tsurplus mentioned
earlier...'"Hotel California" syndrome -- you can check out anytime
you want, but you can never leave'
Short selling is a very important function of the market.
It's a checks and balances sort of thing, keeps the market
from getting too frothy, like yin and yang. When short selling is
suspended that is not a good thing, it hurts things.
Chinese market went up 135% in a year, that's like our SPX going
up from 2100 to 4800 in a year. When things go up too fast,
it's not healthy, parabolic moves and a very hard
correction.
I find it funny how many citizens and some gov agencies are
saying it's 'Foreign devils' who caused or are causing this?
Really? Seriously? again when things go up too quickly they
also come down quickly. Simply ran out of buyers
I read that with the Chinese gov so actively trying to
manipulate the market, it will cause more foreigners to avoid that
market because they think it's rigged, so while their gov may
actually have the opposite effect that they wanted.
anyway I"m a big proponent of letting free markets trade freely
without intervention, some is okay but too much and it mucks it
up
Posted by cwallace123 on 9th of Jul 2015 at 04:37 pm
Banning Short Selling would be a bad Idea IMO, because all
short-sales must be covered. However, what would happen in the case
of banning short selling, is that short sellers, would be replaced
by outright sellers. This is another example of 'the road to
hell is paved with good intentions'. Markets need to be allowed to
breathe, markets expand and contract, ebb and flow, just like
anything else in nature, and whenever governments or central banks
get involved it only makes the ultimate outcome even worse.
JMO.
To delibaretely cause pain/injury to countries like Greece and
before Portugal and Spain.
So I think it needs to be outlawed otherwise it is abused by
wealthy nations seeking to exploit poorer ones. That is a moral
issue, and also in interests of fair markets.
No evidence of this. The hard evidence on terrorist use of
financial instruments is in the options market (see Jim Rickard's
work on 9/11). The big threat to the US is market disruption from
the Chinese or Russians or ISIS, etc. That is why yesterday's
outage is a concern.
US abusing countries like Argentina, Spain, Greece, Portugal,
Asia, Latin America, and others under a pretext of "financial
crisis" which is actually financial terrorism.
I gather international warrants have been issued against those
knowingly intending such an outcome.
We are & should be fighting back against large state &
terrorist financial activity. There is no evidence the US is
targeting Argentina, Spain, Greece, etc. Yes on China, Russia,
terrorist groups.
Who really knows?
US - Under Intense Cyber Attack...
Posted by saturn6 on 9th of Jul 2015 at 06:02 am
Although coupled with China lending money to investors to buy stocks and a short selling ban, how long will it be before selling your stocks becomes a criminal offense? Lol The press are apparently not permitted to use the word selling in China now.
Stopped a lot of open trades. A big sell off. China won't allow that & now NY just switches the off button!
Stay physical. It's safest.Like tsurplus mentioned earlier...'"Hotel California" syndrome -- you can check out anytime you want, but you can never leave'
Bizarre!!
Short selling is a very
Posted by matt on 9th of Jul 2015 at 09:03 am
Short selling is a very important function of the market. It's a checks and balances sort of thing, keeps the market from getting too frothy, like yin and yang. When short selling is suspended that is not a good thing, it hurts things.
Chinese market went up 135% in a year, that's like our SPX going up from 2100 to 4800 in a year. When things go up too fast, it's not healthy, parabolic moves and a very hard correction.
I find it funny how many citizens and some gov agencies are saying it's 'Foreign devils' who caused or are causing this? Really? Seriously? again when things go up too quickly they also come down quickly. Simply ran out of buyers
I read that with the Chinese gov so actively trying to manipulate the market, it will cause more foreigners to avoid that market because they think it's rigged, so while their gov may actually have the opposite effect that they wanted.
anyway I"m a big proponent of letting free markets trade freely without intervention, some is okay but too much and it mucks it up
Short Selling
Posted by cwallace123 on 9th of Jul 2015 at 04:37 pm
Banning Short Selling would be a bad Idea IMO, because all short-sales must be covered. However, what would happen in the case of banning short selling, is that short sellers, would be replaced by outright sellers. This is another example of 'the road to hell is paved with good intentions'. Markets need to be allowed to breathe, markets expand and contract, ebb and flow, just like anything else in nature, and whenever governments or central banks get involved it only makes the ultimate outcome even worse. JMO.
http://www.elliottwave.com/freeupdates/archives/2010/09/23/Ban-on-Short-Selling-Are-European-Market-Now-Safe.aspx#axzz3fQcDHja9
http://www.elliottwave.com/freeupdates/archives/2012/08/09/Do-Bans-on-Short-Selling-Work-See-for-Yourself.aspx#axzz3fQcDHja
The problem is short selling is being used by financial terrorists
Posted by torvix on 9th of Jul 2015 at 09:09 am
To delibaretely cause pain/injury to countries like Greece and before Portugal and Spain.
So I think it needs to be outlawed otherwise it is abused by wealthy nations seeking to exploit poorer ones. That is a moral issue, and also in interests of fair markets.
No evidence of this. The
Posted by a_l_ on 9th of Jul 2015 at 10:37 am
No evidence of this. The hard evidence on terrorist use of financial instruments is in the options market (see Jim Rickard's work on 9/11). The big threat to the US is market disruption from the Chinese or Russians or ISIS, etc. That is why yesterday's outage is a concern.
The allegation is being made by emerging markets that US is abusing/exploiting
Posted by torvix on 9th of Jul 2015 at 11:05 am
Maybe other way around too.
US abusing countries like Argentina, Spain, Greece, Portugal, Asia, Latin America, and others under a pretext of "financial crisis" which is actually financial terrorism.
I gather international warrants have been issued against those knowingly intending such an outcome.
*and Brasil also alleging this.
We are & should be
Posted by a_l_ on 9th of Jul 2015 at 11:10 am
We are & should be fighting back against large state & terrorist financial activity. There is no evidence the US is targeting Argentina, Spain, Greece, etc. Yes on China, Russia, terrorist groups.
The allegation is being made by other nations
Posted by torvix on 9th of Jul 2015 at 11:18 am
around world is that parties in the US are undertaking it and they are reacting to it.
Its not something I am interested in personally just saying.
I gather international arrest warrants have been issued covered by international law.
looks like East/West...
Posted by saturn6 on 9th of Jul 2015 at 12:53 pm
are being primed to detest each other if you ask me. I wonder why?
I think comments are over the top. So what if closed a few hours.
Posted by torvix on 9th of Jul 2015 at 07:38 am
May not mean much...
Posted by saturn6 on 9th of Jul 2015 at 12:55 pm
but it does matter...As eg, we never seem to have such issues when up-trending.
They just get ignored.
Posted by a_l_ on 9th of Jul 2015 at 12:56 pm
They just get ignored.