It is a pity of "Short Selling"

Watching the market drop and not  being able to profit from this bear phase is a pity. Unfortunately, I think the  PSE  has not yet fully set in place the mechanics that would allow for "short selling" of shares. If it did then we would have a "two way  market" and would be able to trade both bull and bear trends without restrictions. It would be nice if we can follow the " US  model  " no up tick rule" and "no naked shorts". I will not go into the details of these terms,but the key is that being able to sell short is going to open opportunities to really join the ranks of developed markets. Likewise, the bear will not become a problem for  those who have the skills to play both sides.

Can you imagine what will happen if the PSE does enter a prolonged bear market. One will be trying to catch "bottoms" for a bounce (technical rally) and will be breaking the first rule of trading by going against  the major trend. Like they say "trying to catch a falling knife".

Well, hopefully the bear won't hang around  long enough.

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