Cameron loses fight with EU over allowing short-selling. The European politicians think they can prevent a collapse by outlawing short-selling. What these morons fail to grasp is that once a market turns down and confidence vanishes, the ONLY support is short-covering. Without that, you get the 90% declines as was the case during the Great Depression in the USA. They were hunting down shorts aggressively and nobody would play the short-side resulting in a steady erosion of the market value.

Martin Armstrong