An uptick rule we can live with

Discussion in 'Stocks' started by nitro, Feb 24, 2010.

Is the new uptick rule ok with you?

  1. Yep. It gives me plenty of room to trade around

    13 vote(s)
    40.6%
  2. No. This is a travesty. Stocks should go to zero if they are worth zero ASAP.

    8 vote(s)
    25.0%
  3. I don't know.

    1 vote(s)
    3.1%
  4. I don't care

    10 vote(s)
    31.3%
  1. nitro

    nitro

    I don't think the MMs were given an exemption if I recall correctly, but I don't remember.
     
    #11     Mar 28, 2010
  2. GTC

    GTC

    If there is an uptick rule, then there should be a similar downtick rule to be fair.
     
    #12     Mar 28, 2010
  3. schizo

    schizo

    Count me in as well. No uptick rule without the downtick rule!
     
    #13     Mar 28, 2010
  4. I figured you would have been a little more keen on these matters.

    Bullets have been disallowed by SEC since late 2003.

    You can still use conversions to short on an uptick.
     
    #14     Mar 28, 2010
  5. nickdes

    nickdes

    I think the government should ban stocks from going down at all!!!! That would solve everything, LOL

    obama and his band of thugs is bent on destroying America as we know it.....
     
    #15     Mar 28, 2010
  6. Posts like these really make me laugh.

    The uptick rule was one of the best money making edges for daytraders back in the day.
     
    #16     Mar 28, 2010
  7. I don't think there should be any rules about anything ever.

    The only rule should be no rules.
     
    #17     Mar 28, 2010
  8. nickdes

    nickdes

    I am glad you got a laugh, because that is all we can do with this administration is laugh--else we get depressed!!!!!!

    Of course, some people see the feds as the savior others see them as a hindrance to free markets, most of the time, maybe all of the time obama is a hindrance, he is not for free markets, period.... Now you can go laugh again. : )
     
    #18     Mar 29, 2010