So…the stock markets are soaring today on news that the government has banned naked short selling. Add this to the jumble of other awkward, piecemeal “solutions” they’ve vomited out and what it leads to is disaster.
Banning naked short selling is not a solution, it’s a bandage. No, it’s worse than that; it’s a faustian bargain. [...]
Sorry about the dead air…I’m completely obsessed with quantitative analysis of the securities markets right now. New material is in the works. Promise.
I have a new form of entertainment in my life: stock trading. I’ve been watching the markets for a few weeks, and I made my first trade on the 16th, purchasing MLSwhen it was low, and riding it up. My investments have been very small thus far—roughly $1000. While that’s not exactly pocket change, it’s difficult [...]