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Alright guys. I guess we're just going to have to agree to disagree. This discussion isn't really going anywhere. Thanks for the interesting debate!

I think a lot of you are misconstruing what I'm trying to say. I realize that the uptick rule wouldn't have changed what happened to BSC and LEH. Even with the uptick in place, BSC still would have dropped from $65 to $30, it just would have taken another 30 minutes or so. Same thing with...

Wow, that's a lot of backlash! I'll give a general explanation of my stance. -Longer term investors won't see these bear raids as they happen, but they'll feel them when they look at their account at the end of the day to see that their trailing stop got hit 15% below the opening and...

You can't deny that bear raids are a problem for the average long-term investor. Since the uptick was removed, I've seen plenty of instances where a stock was pushed down 10% - 20% over the course of 30 minutes, and then proceeded to rally all the way back up over the next 30 minutes to an...

I don't think it's unreasonable for a company to require you to put up a few thousand dollars when you start. Think of it from their perspective. If it wasn't required, what's to stop someone from coming in, losing $5k or more of the company's money in high risk trades, and then leaving...