Thursday, September 18, 2008

So, no more Shorting, eh?

This will end badly, but let the panic short covering begins. I agree life is gonna get bad for short if that's allowed but then the market is over anyway. Well, 80% of money in the bank so no complaint for me, will hedge and opportunistically get out with time.

3 comments:

ARAK said...

Mtgspy,

Isn't that for only the UK? Think it will be here soon as well? Or is it just a sympathetic reaction to the UK announcement?

I know one person who will now proclaim the west follows their lead ... Mugabe :-)) However, a note of caution is in order. Zimbabwe is the best performing market for all of this year.

mliu_01 said...

Thanks Mtgspy.

Hehehe.

MTGSPY said...

tell you what, they'll just apply it to the IBs again to look "good" relative to their European counterparts. Free-er market would be the lingo of players these days.