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URL:  https://boards.fool.com/hi-cheryl-in-my-opinion-the-feds-think-the-entire-27010503.aspx

Subject:  Re: SEC bans short-selling Date:  9/19/2008  7:09 PM
Author:  zyx987 Number:  230 of 5166

Hi Cheryl,

In my opinion
The Feds think the entire U.S. (and World) financial system was possibly on the verge of implosion (or Free Fall). Not so much a ripple effect as a tsunami. A Crisis of Confidence that had to be stopped dead in its tracks.

Mind numbingly scary.

So they've taken a very brief time-out until they can begin to determine what they need to do next. A calming down period because too many people are panicking and too many others are exploiting that panic.

Toni
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