SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (36607)3/4/2002 12:21:39 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Mish, this rule is the government's way of allowing the banks to dispose of their securities at inflated prices.

The banks have to value their securities at current value soon (rather than purchase value), and this is the government's way of bailing them out without actually spending the taxpayer's money. It's a pretty impressive ruse.

This whole thing is an orchestrated government bail-out of the banking system. If you see it as that, you won't get too emotional about it. I doubt the shorting rule stays in effect for long.



To: mishedlo who wrote (36607)3/4/2002 1:31:02 AM
From: LTK007  Respond to of 99280
 
<The uptick rule for shorting makes about as much sense as only allowing buys on downticks.> True and true,NASD was on the verge of getting rid of the uptick rule before all hell broke loose.As far as know they have said nothing since and suspect it is a dead issue now.
I guess all i know is now if a stock starts crashing on panic selling downticking and the longs start screaming the shorts are taking the stock down i can call them ignorant:)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News