PP, not short selling but naked short selling. I don't completely disagree with the move especially if there are examples of what you mentioned, but trying to intervene and pumping hundreds of billions into markets trying to prop them up and governments taking on bad debt isn't the right way to fix it imo. I'm not sure there is even a solution other than letting this mess run it's course.
All I was trying to point out was the markets are possibly becoming unbalanced and a lack of short side (through burning them or preventing the trades) isn't the smartest thing to be doing to these already fragile markets.
If there is too much of this "prevention" it is asking for a crash imo.
I'm pretty certain that isn't the bottom too.
btw, if any of my posts come across grumpy at anyone today, they aren't meant that way. I'm very short on sleep and the flu has it's hooks in me pretty good.
Need coffee......
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