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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Stefan who wrote (60672)5/26/1999 10:06:00 AM
From: Knighty Tin  Respond to of 132070
 
Stefan, The uptick rule is designed to protect dumb bulls. It never has made any sense. The govt. worries about piling on on the downside, making prices lower than they ought to be. What about piling on on the upside making prices higher than they ought to be? That has been going on for six years and I don't see anyone calling for a downtick rule on buying stock. <g>