Datek Brokerage $9.95 a trade Message Board

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Non-Tech : Datek Brokerage $9.95 a trade

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To: LCE321 who wrote (937)	1/18/1997 9:05:00 AM
From: Ginger Bates	of 16892

Leif, Re: ".....following the uptick rule. How does DATEK (Islands) get around this, or do they at all? Is the system just that fast or are the orders routed in a different way? Today I shorted ZITL..." Can I please bother you with a couple questions? 1) What is the uptick rule? I see something on DATEK's order/quote screen, but I don't know what it means if it is up or down (obviously I'm new at this!!!). 2) What exactly is shorting? I assume it is when I buy and then sell it fairly fast, but I've seen it on order screens and was kind of confused. Do some brokerages not allow shorting on some stocks? Thanks you so very much for your time, I appreciate it! Thanks bunches!!! Ginger :)

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