Agree. I doubt the repeal of the uptick rule has had any significant effect on the decline.... might during a panic/crash like '87, but we've not been anywhere near anything like that in this go around.
Randy: "Yo Yo Yo dog - why you gonna do it like that? You were kinda pitchy. Not my favorite trade for you." Paula: "That trade was my like, favorite color."
Only difference between uptick/no uptick rule is with no uptick the intraday volatility will be higher with bigger up & down gyrations as MM's try to squeeze those who short with intraday stops. I did like the uptick rule myself, though.