Uptick Rule

ColinRiche · Dec 13, 2007

Thats the problem with open forums - way too much banter

Algorithm · Dec 13, 2007

Quote from wiesman02:

Looks like somebody woke up on the wrong side of the bed.

Or lost his/her ass in the whipsaw of the last few days....

Good Luck!

jd7419 · Dec 13, 2007

Quote from zdreg:

it is not a fair question for the reasons enumerated. since he says i don't know what preliminary research he has done i can only infer from the way he has asked the question. if he has done any work he should have shared it immediately with others to increase the knowledge of all.

Give it a rest man.

KeithOmalley · Dec 13, 2007

off the subject, but has anyone noticed that now that the short sale rule is gone, people have been using it as the reason why the market are down and so volatile over the past few months? I've heard it a few times now, about many blackbox's smashing the bid, and thats the reason the markts are going down 200+ a day. Such a joke

trader123abc · Dec 13, 2007

zdick

What a ass you are! How long have you been a losing trader? Change your attitude it might help you in life. In the meantime crawl back in your hole asshole!
It's scum like you that ruin this site!

ColinRiche · Dec 16, 2007

Was the uptick rule ever a problem with liquid stocks anyway ?

KeithOmalley · Dec 16, 2007

Quote from ColinRiche:

Was the uptick rule ever a problem with liquid stocks anyway ?

yeah, for NYSE stocks at least on news. Now you can just slam the bid

zdreg · Dec 19, 2007

Quote from jd7419:

Give it a rest man.

your post was seven weeks after my last post.

bottom line neither the OP or other posters with 1 exception shared any information.

zdreg · Dec 19, 2007

Quote from KeithOmalley:

yeah, for NYSE stocks at least on news. Now you can just slam the bid

going to penny increments before elimination of the uptick rule also made shorting easier.
the question is whether in a sustained downdraft in the market will the uptick rule be reinstituted?

as to volatility a 200 point move at these levels is a small %move.

KeithOmalley · Dec 19, 2007

Quote from zdreg:

going to penny increments before elimination of the uptick rule also made shorting easier.
the question is whether in a sustained downdraft in the market will the uptick rule be reinstituted?

as to volatility a 200 point move at these levels is a small %move.

The SEC had test stocks for about 2 years so i do not see how they could, even with pressure from people like Schumer, they would have a bunch of imperial data.

IMO its so narrow minded, there are plenty of Futures options and ETF's you can hit without a downticks, so i dont see how being able to short stocks on a downticks makes a difference. The uptick rule did not lower the market, 100 billion of bank write downs did