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The wild roller coaster continues.

Dow up 423.37 (3.95%) to 11,143.31
S&P 500 up 51.88 (4.63%) to 1,172.64
Nasdaq up 111.63 (4.69%) to 2,492.68

France, Italy, Spain and Belgium ban shorting financials. I venture to guess that it'll only exacerbate the situation. In effect, they are admitting that the financials are weak. Serious investors will simply go and buy put options on financials.

Posted: 2011-08-11 22:17:36


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