StockFetcher Forums · General Discussion · DOW just broke 52-week high!<< >>Post Follow-up
karennma
6,831 posts
msg #89778
Ignore karennma
3/17/2010 10:48:42 AM

Gov't subsidized bull market.
Amazing!!


karennma
6,831 posts
msg #89779
Ignore karennma
3/17/2010 10:50:59 AM

Washington, D.C., Feb. 24, 2010 The Securities and Exchange Commission today adopted a new rule to place certain restrictions on short selling when a stock is experiencing significant downward price pressure. The measure is intended to promote market stability and preserve investor confidence.

This alternative uptick rule is designed to restrict short selling from further driving down the price of a stock that has dropped more than 10 percent in one day. It will enable long sellers to stand in the front of the line and sell their shares before any short sellers once the circuit breaker is triggered.

http://www.sec.gov/news/press/2010/2010-26.htm

johnpaulca
11,315 posts
msg #89780
Ignore johnpaulca
3/17/2010 10:53:32 AM

Just wish the government would stay out of the "free" market

karennma
6,831 posts
msg #89781
Ignore karennma
3/17/2010 10:54:58 AM

So, we all should've bought FAS in February.
LOL!
The gov't can't help people who've lost their homes, keep 'em.
The gov't can't help the people who've lost their jobs, find new ones.
The gov't can't bring manufacturing back to America.
But the gov't sure can keep the stock market propped up!

A little rap music for ya'.
Sing it, piggy!
http://dailybail.com/home/damn-it-feels-good-to-be-a-heartless-ass-banker-song.html

karennma
6,831 posts
msg #89782
Ignore karennma
3/17/2010 11:01:09 AM

johnpaulca
- johnpaulca 3/17/2010 10:53:32 AM
Just wish the government would stay out of the "free" market
=================================================

JP:
Did you see 60 Minutes last Sunday?
If not ... watch this ...
Click parts 1 and 2 ... only 10 minutes each.
I realize you're in Canada, but there are no "free" markets.
This is a gov't subsidized bull market ... compliments of Goldman Sachs, Bernanke, Geithner, Obama et. al

http://www.cbsnews.com/video/watch/?id=6298082n&tag=related;photovideo



karennma
6,831 posts
msg #89783
Ignore karennma
3/17/2010 11:03:25 AM

Geesh!
FAS looks like it's going to $100.


karennma
6,831 posts
msg #89784
Ignore karennma
modified
3/17/2010 11:15:47 AM

Everybody's doing what we're doing!
You can either work for the US gov't, or BE in the stock market.

"American's Net Worth Up for the 3rd Straight Quarter"

http://www.nowpublic.com/tech-biz/americans-net-worth-3rd-straight-quarter

indy1139
5 posts
msg #89790
Ignore indy1139
3/17/2010 1:22:44 PM

what doesn't the government subsidize on way or the other....only thing I can think of is the middle class

johnpaulca
11,315 posts
msg #89802
Ignore johnpaulca
3/17/2010 7:42:12 PM

DOW made a double top today, what's your position????

My positions; Short FAS...small position
: Long TWM, VXX.....small positions
: long < 5 stocks....small positions, sold into strength this morning.
: bias is neutral

StockFetcher Forums · General Discussion · DOW just broke 52-week high!<< >>Post Follow-up

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