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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Threei who wrote (14311)	10/3/2001 7:58:22 AM
From: gaj	Read Replies (3) of 18137

uptick rule being changed (from shorting on uptick ONLY to shorting on "better than best bid") on about 100-150 of the 'most popular' stocks, such as MSFT, GE...done because of fears of single stock futures capturing the market. from briefing: SEC Rules : Wall St Journal reports that despite pressure to tighten short-selling rules, SEC will actually ease the rules by throwing out the "uptick" rule which states that a short sale can only occur on an uptick in the share price. from WSJ: interactive.wsj.com@1.cgi?KostakisS/text/wsjie/data/SB1002059158116839560.djm/&d2hconverter=display-d2h&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date%2Bdesc&qand=&bool_query=uptick&dbname=wsjie%26named%3Ddbname&location=article&period=%3A27&maxitems=30&HI=

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