The Dow is down 260 today, even with the bailout talk and shortselling ban....What happens....

[marmar]

.... Oct. 2 when the short-selling ban is lifted?

:think: :yoiks:

[eowyn_of_rohan]

1. could we get congress to extend it indefinitely?

[Xenotime]

5. That would be good. or limit it to a %age every day/week.

[SmokingJacket]

2. Market will go up as soon as they push the bailout through

Then it'll drop on Oct 2.

I don't have any actually money, but I just invested $20,000 imaginary money on the strength of my prediction!

[Junkdrawer]

3. I think the short selling ban was to prevent people who KNEW...

that a down market would be used as economic blackmail from making a quick buck.

[truthisfreedom]

4. It's people simply getting out. It will go on and on no matter what the Fed does.

It's rotten to the core.

[TomClash]

6. The bailout talk is pushing the Dow down

Everyone is skittish it won't get done.

[azurnoir]

7. It is blackmail pure and simple

to get the bailout pushed through in the form that gives them a blank check, meaning that they will eventually collect double on mortgage debt.

[eowyn_of_rohan]

8. wouldn't it technically be more like extortion?

[azurnoir]

12. If you wish to be"polite" about it.

[Cessna Invesco Palin]

9. I really hate it when...

...people talk about a single day's worth of market activity as if it's an indicator of anything at all useful for long-term planning purposes.

[marmar]

10. I really don't care.

n/t

[Cessna Invesco Palin]

11. Of course not.

You got your rant in, and everyone else can go to hell. Right?