“The strongest collapse in U.S. equities took place after the SEC banned short selling in September 2008. Consider the long buyer in a market selloff: They are catching the falling knife or anvil. They risk being early, and the trade is a money loser. Short sellers suffer no such disadvantage. Indeed, it is not much of a stretch to suggest that every short sale is a future buy. How ineffective are prohibitions of short-selling? Recall the ban in the 1930s — despite that, the Dow eventually fell 80 percent from its highs. When the A-share market reopens in 2016, a bigger question will remain: Why would anyone want to invest in a market where you might not ever be able to sell?”
http://www.bloombergview.com/articles/2015-07-09/china-shows-how-to-destroy-a-market
Tip Freedomwat.ch Staff with Bitcoin