Thursday, July 24, 2008

Free Market?????

WASHINGTON (Dow Jones)--Securities and Exchange Commission Chairman Christopher Cox said U.S. regulators intend to extend restrictions on short-sales to the entire market.

Serious!!!
Cox: Intend To Extend Short-Sale Protections Marketwide

Posted on IHUB

WTF, so something is wrong if the market doesn't go up????????

He posted on the QMNM board I assume cause he'd thinking "ENTIRE MARKET" includes OTC-BB's???????

3 comments:

Latviski said...

I think it's really sad that the only solution they can come up with is to change the rules of the game.

It's like watching a spoiled brat playing tag and forever adding exclusions so he/she is never 'it'...'doesn't count if my hands are on my head when you tag me...and doesn't count if I yell real loud when you tag me...and...'

Free market should decide, not SEC. SEC should be spending their time on about a million other things that are obviously crooked as hell...

JoeGoog23 said...

Exactly!!!!!

You should testify in front of congress and use the "tag" analogy LOL

Latviski said...

I'd swear too much if I testified.