Thread: what is the stock market doing to your retiremnt

Tweet

....I just heard on the news that they are going to suspend short selling for the time being. This will help a lot of the big down moves somewhat. At least in the individual financial stocks. Short selling is where you sell a stock that you don't own. Then in the future you buy it to 'cover' your possition. A buy high/sell low thing where you don't really ever have the stock in your possession. High volume short selling in a stock will drive the price down consiterably & fast. Also a gov't plan to help the distresed banks by buying up troubled loans is in the 'works'....... The stock market will come back..... Except for AIG, Lehman & Bear Stears. It's sad cuz shareholder equidy is history. I don't know what the Merrill/B of A deal was but B of A now owns Merrill. B of A will do well in the future...... Bill