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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
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From thestreet.com
Traders are starting to receive warnings that forced buy-ins of shorts are going to start occurring. Today is trade date plus 3 (T + 3) following the SEC Emergency Order dealing with naked shorts. That means if you don't have actual shares borrowed your short will be covered automatically.
This might give the market a little boost but be aware of what is driving things.
How about a day where the AMZ is just flat? Not up or down 8 points intraday!!!
We're melting.
Well there goes our chance to close even.
DSen. odd Killed the 3:00 rally?
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U.S. rescue plan 'unacceptable' in current form, Dodd says
By Robert Schroeder
Last update: 3:18 p.m. EDT Sept. 23
WASHINGTON (MarketWatch) -- The U.S. Treasury's plan to rescue the financial system by buying bad assets from companies is "unacceptable" in its current form, Senate Banking Committee Chairman Christopher Dodd, D-Conn., told reporters following a hearing in his committee with top U.S. financial officials Tuesday. "This is not going to work" the way it's written now, Dodd said. Dodd and other senators are seeking to add aid to homeowners and strict oversight to the plan.
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