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Volatility also increases when uncertainty increases. Given the laundry list of real economic upheaval over the past 18 months, what is the evidence that it's the elimination of the uptick rule and not greater uncertainty that is the cause of the increased volatility? market makers don't...

Yep, a 5-uptick rule is an especially brilliant suggestion given how many stocks trading $35 or higher are now trading around $2, or $1.

Gee, and <i>still</i> nowhere do I find where the whole economy has been deregulated by Bernanke and Bush (or anyone). But then, the difference between us is that I know how to read and I don't think that investment banks and mortgage markets are deregulated. You know rich, for me to be "in...

Before the 1930's all economic downturns were called "depressions". After the 1930's depressions that were not as deep as the Great Depression were called "recessions" to distinguish them from the Great Depression because the depth and length of the Great Depression made it the mother of all...

fair enough. Although, he wasn't asking whether or not specialists are on the endangered species list. He was asking what they think. He also didn't ask if they cared about the retail guy (when have they ever?). <i>Of those who are still around and give a crap</i>, they like the uptick...

VELOCITY is positively correlated with LIQUIDITY. So you want to reduce the VELOCITY by sucking out liquidity so that trading will slow down enough for your brain to process what's happening? The public markets don't exist to protect companies from lower stock prices. They were not created...

Good point. The uptick rule also didn't prevent the 1987 crash.

So, in other words, you can't answer the question and back your claims. Your best response is "read a newspaper" and "Dittohead". I bet you were the star of your school's debate team with ironclad arguments like these.

They love the uptick rule and want it back because it gives them an enormous advantage over customers. That makes the fact that Joe Retail Dude is begging and pleading to get it back especially hilarious.

It'll take decades to unravel the stupid in this one statement. Where oh where is all this deregulation going on? If the whole economy has been deregulated then why hasn't anyone disbanded the Fed, the SEC, the insurance regulators, the CTC, etc? Who are these Free Market Pals (TM) who...

Well, gee, the credit bubble worked so well the first time and had no negative consequences. Irritating, isn't it?

In your vivid imagination I'm just a frustrated torn up angry person because you can't find the quote you accuse me of and you can't admit you're wrong and misunderstood. And speaking of "not knowing what you're saying half the time"...logic eludes you, Anaconda. How do you aim for an...

I'm sorry, but other than give lip service what is so free market about Bush's administration? How is socializing the entire financial sector, increased regulation across the board and the Patriot act spell "free market" to you? ETFs were never subject to the uptick rule. Neither were...

You want an honest politician with no ties to interest groups? That's like saying you want dry water. Incidentally, market makers could always sell short without locating to meet their obligation to provide a two sided market. It's illegal for customers to sell without a locate :D

Wherever the political wind is blowing and justifies his existence. You do know that hedge funds are investors, right? to employ bureacrats and create economic rents for market makers at the expense of customers. Every once in a while, a little creep who actually wants to make the...

A truer word was never spoken. I really can't understand why retail guys are jonesing for a raping by NYSE specialists.

The banks will stay on taxpayer provided "life support"? What's the incentive for running your business well when all you need to do is grow "too big to fail" and latch on to the government tit? Of course the banks will suck wind from now on. There are too many of them and they're...

one more thing Rich. You are very confused about what a free market is. A free market is merely people making regular trade-off decisions without government intervention. For example, if you made a coat that I liked, in a free market I could just choose to buy it from you. If you decided...

Rich, I'm an actual professional trader with degrees in both finance and economics while you are a guy with a retail brokerage account. Based on your previous posts, you don't know anything at all about the financial industry. You think it's unregulated and an actual free market. You also...

Makes perfect sense. The UAW bribes only the democrats. The banks are smart enough to bribe both parties. you didn't think congress is working in your best interest, did you?