The SEC banned short selling on a set of stocks.  Proponents say it will stem the tide of bear attacks and naked short selling, but naked short selling was illegal a long time ago, and this action will not likely stop it.  One could argue that banning short selling to stop naked short selling is akin to stopping the sale of knives to stop stabbings.  You aren't really effecting the perpertrator. Furthermore, it is our belief, that this temporary injunction will do more harm than good.  Now liquidity is a problem, and prices will be jumping all over the place as there is no fight between bears and bulls.  The fight is now just between Bulls and Bulls that have taken too much and just want out.Sure, the market sky rocketed on the news, but if you look at todays action, you have the major indicies moving between a percent up to a percent down inside the space of an hour.  When the restriction is lifted, look forward to another wild ride. 

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