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    Ban on Short Selling Lifted

    Unless they issue another press release extending their ban on short-selling, then the markets should be allowed, once again, to short the stocks of financial companies. Based on the SEC website they state: “On Friday, October 3, 2008, the President signed the historic Emergency Economic Stabilization Act of 2008 (H.R. 1424), aimed at stemming the

    By |Published On: October 9, 2008|1 min read|
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    A Thought on These Wild Swings

    In an effort to further show my disdain for the SEC and what they are doing to screw up Wall Street and what should be a free market, I’m going to write another post on the unintended consequences of banning short selling. I believe that Monday’s drop, which saw the Nasdaq drop 10% among

    By |Published On: October 5, 2008|2 min read|

  • The Death of Free Markets

    I’m convinced that every day that Congress is in session, we lose more of our precious freedoms. To be completely honest, I know that there are a lot of people suffering out there financially and that these are perilous times, however, I’m almost glad the markets did not go up after the bailout was passed

    By |Published On: October 3, 2008|3 min read|
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    Short Ban Extended

    I can’t tell you how much I have to bite my tongue in what I really wanted to say about the SEC and their decision to  extend the ban on short selling of financials. This is their way of manipulating and artificially fixing saving the financials, which is drastically wrong and drastically anti-free market. So

    By |Published On: October 3, 2008|1 min read|
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    Quit Screwin’ with Our Markets

    If you have remotely paid attention at all in the past year to the stock market, you will know that Uncle Sam has done everything in his power to turn this market around. Let’s look at a list of actions taken this year alone to provide Wall Street and everyone with a 401k, a false

    By |Published On: October 2, 2008|2 min read|
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    The SEC Can’t Short List

    For those interested in what stocks can be shorted by us traders here they are. The list has been out for a while, but though I'd add it nonetheless for your convenience (The formatting isn't the greatest since it was pulled off of the SEC pdf). Here's the Lists of Stocks Banned By the SEC

    By |Published On: September 26, 2008|18 min read|
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    Those Analysts are Funny Guys

    Thought it might be humorous and important to point out that Wall Street, prior to Monday’s open, decided to downgrade Freddie Mac (FRE) and Fannie Mae (FNM), AFTER everyone knew about the Fed’s intention to take over the two screwed up companies. Must have been pretty hard to issue the “Sell” and “Equal-wieght” ratings. So

    By |Published On: September 10, 2008|1 min read|
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    What Does the Future Hold for Oil and Our Wallets?

    May 24, 2008 Without a doubt the question on the minds of the general population and Corporate America is, “can oil continue to go up forever?” As of this writing, oil is over $130/barrel and the consumer has never quite felt this much pain at the pump outside of the gas rationing of the 1970’s.

    By |Published On: May 25, 2008|3 min read|