I have a twitch in my nose that tells me we are about at the bottom.
Not of the housing crash of course - that has a long way and a long time to go yet-but the banking and stockmarket turmoil may be close to achieving some kind of equilibrium.
As Guido has rightly pointed out banning short sales has actually made matters worse if anything.
It does slightly beg the question what all the hedge funds are going to do for an encore...
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