They tried temporarily banning short selling during the depression, in 1929,1931 it caused short term rallies but then eventually the market slid downhill. In 1933 they drew a line in the sand & seem to have made it impossible to short:
http://www.nowandfutures.com/great_depression.html
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Last
8,737.2 |
Change
60.000(0.69%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,677.2 | 8,748.6 | 8,677.2 |
| XJO (ASX) Chart |