Archive for September, 2008

news article

There goes the free market…

Short sellers are getting blamed for collapsing stock prices…how then can they explain the Shanghai market, which does not permit short selling and yet has collapsed from 6200 to 1900?

When oil prices are too high, blame the greedy speculators who keep buying.  When stocks fall too much, blame the greedy short sellers who keep selling.

If the government likes price stability so much, perhaps they can ban buying and selling in all markets.


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