FACT: Government can stop bears from tanking the market by imposing limits on short selling, like the SEC did today.
PROOF: The SEC ban on financial shorts in 2008 saved the day as demonstrated in this chart:

FACT: Anyone who sells a stock short is an inherently evil domestic terrorist.
PROOF: This is Mole's cat:

FACT: The market is driven by news and events. Since the market hates short selling, it will react favorably to the SEC's new restrictions.
PROOF: The $VIX looks like it's poised to... it's, um, about to... um.. oh sh-

You're the best SSC. Great post as always
ReplyDeleteI did not know Mole's cat is a terrorist...are you sure? Knowing MOle I am not surprised...not
ReplyDeleteNice post.
ReplyDelete