Nyse Uptick Rule....help

Discussion in 'Trading' started by pineman, May 12, 2006.

  1. pineman


    If you are looking at the open book, where your last print is a downtick at 60.42 , your b/o is showing 60.42 X 60.43 , now the offer in the open book is stepping down, how can this be called a short, when you can only short on a uptick ?

    How does downtick .42 plus .43 comes into play ?