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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (624)4/12/1998 12:21:00 AM
From: ftth  Read Replies (1) of 1720
 
Hi Rainier, re: It looks like only the first ones in are going to be the winners here.
Yep, it just isn't fair I tell 'ya. The folks that get the opening pop are key clients of the underwriters (they're already millionaires, give the rest of us a chance!).

Any idea of the history behind the 30-day-no-shorts rule? I tried to find when, where, and why this exists a while back, but never really came up with anything.

dh
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