08:48
"Modified uptick rule"
DJ reports four U.S. stock exchanges are banding together to urge the SEC to take up rules that limit abusive short-selling of stocks, according to a document obtained by DJ. Nasdaq OMX (NDAQ), NYSE Euronext (NYX), Bats Exchange and the National Stock Exchange...
NP. If we can close near the highs, it will set up nicely for at least a bear market rally. I really think a lot of lose hands where knocked out on that mid day plunge, primarily in the financials which has been the sector moving the markets.
NP. If we can close near the highs, it will set up nicely for at least a bear market rally. I really think a lot of lose hands where knocked out on that mid day plunge, primarily in the financials which has been the sector moving the markets.
I was more looking at the daily pivot point at 794.50. That level held. If the market can punch thru, there will likely be an afternoon squeeze in effect.
What happens during the times when the sum of all traders are using more than the 4:1? You would think that that would happen from time to time. Plus, doesn't each account show the 10:1 buying power even if it isn't being used.
I was wondering if anybody knows where these firms get the capital to offer 20 - 50 - and even 100 to 1 leverage to their traders.
It doesn't seem like the fees would cover the cost of capital and why aren't they feeling the pain from the credit crunch?
I can't even believe what I'm reading.
Pure Tick is a fucking joke... You really now how to promote your company there Alex.
I think this Alex character is on some serious steriods or something. He just comes across as if he's having a roid rage.