Bob Morris
polizeros.com
The Pakistan stock market recently dropped off a cliff so the government banned short selling for a month then pumped $446 million into the market. They also decreed that prices could not fall more than 1% a day. This of course forced the market up. Traders there no doubt were overjoyed by this gift of free money and immediately went long too, riding that money train up. Then, when the ban on shorting is lifted, they’ll go short again. More

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Posted by markw, filed under Economy. Date: June 30, 2008, 1:25 am |

One Response

  1. Pakistan stocks recently dropped off a cliff · Trading-Stocks.ExplainedHere.Net Says:
    June 30th, 2008 at 2:52 am

    […] Original post by Financial Market News & Opinions, Forex, Stocks, Futures, Options | GraceCheng.com […]

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