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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (36561)3/4/2002 12:17:16 AM
From: mishedlo  Read Replies (2) | Respond to of 99280
 
i feel they resolved the problem fairly with the UPTICK law.Any one who shorts knows it is major pain-in-the-butt,but it

Th uptick rule is grossly unfair and should be removed. In fact I believe they are in the process now.

The uptick rule for shorting makes about as much sense as only allowing buys on downticks.

M



To: LTK007 who wrote (36561)3/4/2002 9:15:35 AM
From: Pink Minion  Read Replies (1) | Respond to of 99280
 
but i feel they resolved the problem fairly with the UPTICK law.Any one who shorts knows it is major pain-in-the-butt,but it serves its purpose well.

I disagree. MM's don't need a downtick to short. Hidden rule to screw the retail.

Why not have a DOWNTICK rule to buy shares? That sure would have prevented the bubble.


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