We need a downtick rule.

Discussion in 'Trading' started by KINGOFSHORTS, Sep 4, 2009.

  1. which will prohibits long buying of securities except on an down tick. To protect the investor from equity bubbles and boom/bust cycles.
     
  2. gkishot

    gkishot

    Good idea. The letter to SEC would be appropriate. I'll sign it.
     
  3. Would sign it as well !
     
  4. Banff01

    Banff01

    Even better: we should shutdown the exchanges completely and build a concrete sarcophagus on top of them to protect the investors. :D
     
  5. gkishot

    gkishot

    We need to protect the investors from the underlying sucking economy. :D
     
  6. Also make a law where tv reporters have to have an MBA in finance and a series 7 before they can report on tv.
     
  7. sakhter

    sakhter

    +1
     
  8. I would prefer a Trading Condom... Completely enclose my body head to toe especially with extra protection for the hand that clicks my mouse... :D
     
  9. Banff01

    Banff01

    Trading Condom: The Ultimate Investor Protector! :D
     
  10. The market's been downticking all day. You guys are upset because for every downtick, there has been three upticks. You poor babies! :D
     
    #10     Sep 4, 2009