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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (287)	10/3/2001 8:01:13 PM
From: Rande Is	Read Replies (1) \| Respond to of 455

on only 100 to 150 stocks of large actively traded companies which would be difficult to manipulate. As a "test", as you say. . what do they hope to learn by dropping the uptick rule [as reported by Briefing.com] from highly liquid stocks? If they wish to TEST it, try it on a thinly traded $2.00 stock and watch it trade under a dime in 3 days. . . as everybody and their brother "piles on" for free money. None of this certain as the SEC has not yet published their proposal. And why is that? Why did they first release word about their intentions at 4pm on a FRIDAY on a hot summer day in August via only Bloomberg? The Wall St. Journal article is mostly speculating. . . and the Briefing.com story is a blurb. If this is such a great idea, why then is the S.E.C. so ashamed to talk about it? Frankly, it has the appearance of trying to pull one over on the public. Perhaps we should launch an investigation into the inner workings of the Securities Exchange Commission. Hello? Rande Is