Your argument makes no sense at all. The uptick rule was invented when market crashed in the 1930's. While the stupid pigs at SEC makes the study during a quiet and bullish peoriod of the market, this study is a joke and I think they must accept bribes from short side hedge fund to remove the uptick rule. Just think about the presence of the rule not only won't harm the interests of the average investor (tax payer), it will give them protection. Cramer summarize this even better. Restoration of the uptick rule is the best way to save the market without using the money of tax payers.
I think it is for our interests if Cramer could compete for the Chairman's position of SEC under the Obama administration. Select Mr. Cramer as the new SEC Chariman will save the market immediately.
You gotta be smoking crack. Noone this retarded 100% of the time would be able to operate the computer long enough to long onto ET and post this type of crap.
So basically liulala believes that the only way to save the market is to re-instate the uptick rule so the markets can once again rise to unprecedented lofty levels without regard to fundamentals. There you have it folks! The only way to save the markets is to make them inefficient again! What a GREAT IDEA! Seriously, grow up people. The markets are going down because they were too high in the first place, stop your crying and take your medicine. You only have yourself to blame for losing money in the markets. No one put a gun to your head and said you have to buy stocks, if your holdings are being manipulated down eventhough they have great fundamental then BUY them and lock in a great return. Stop drinking the koolaid and start thinking for yourself instead of depending on regulations to save your investments. -Neo PS. My 401k is down 30% like everyone elses and you don't see me blaming the shorts for the market declines. The only person I blame is myself for not going to cash when I sensed that the ponzi scheme was coming to an end.
its quotes like this that make a Elite Trader website a joke. I really hope your not serious, for your sake. Are you really this stupid? Id rather have charlie mason baby sit my children There actually is a page of facebook cramer for SEC chairman. Everyone should go there and rip him apart. http://www.facebook.com/group.php?gid=37453528873&ref=ts
Cramer used to be a hedge fund manager with annual 25% returns close out his fund before the tech crash of 2001, wrote a dozen trading books, has own tv investment education program and is a harvard grad in law school. he is more qualified than cox.
If you ever listen to his show, he has proven himself to be an idiot one hundred times over. I shudder to think of what would happen if Cramer were SEC chairman.
He used to frontrun order flow from Goldman Sachs, fed to him by his buddies. Once that got some heat, surprise, he shut down his fund. Not exactly a complicated strategy.