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Old 03-10-09, 11:01 AM   #1
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Uptick Rule

CNBC just reported Barney Frank said the uptick rule should be back within a month.
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Old 03-10-09, 12:38 PM   #2
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Re: Uptick Rule

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Originally Posted by winston53660 View Post
CNBC just reported Barney Frank said the uptick rule should be back within a month.
What purpose does that serve?

I doesn't seem to make any sense.
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Old 03-10-09, 12:42 PM   #3
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Re: Uptick Rule

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Originally Posted by Harry Guerrilla View Post

I doesn't seem to make any sense.
Neither does that

Quote:
What purpose does that serve?

It stops artificially driving the market lower on a down swing.
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Old 03-10-09, 12:44 PM   #4
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Re: Uptick Rule

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Originally Posted by winston53660 View Post
Neither does that



Quote:
Originally Posted by winston53660 View Post
It stops artificially driving the market lower on a down swing.
How is short selling artificial?
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Old 03-10-09, 12:51 PM   #5
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Re: Uptick Rule

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Originally Posted by Harry Guerrilla View Post
I was razzing you. you forgot the "t" in "It" when you said "
"I doesn't seem to make any sense."




Quote:
How is short selling artificial?
When it turns into a bubble like situation and trades are forcing the market down. The same thing can also happen in reverse and force the market higher on a bubble.
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Old 03-10-09, 12:55 PM   #6
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Re: Uptick Rule

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I was razzing you. you forgot the "t" in "It" when you said "
"I doesn't seem to make any sense."
I can haz cheezberger?





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When it turns into a bubble like situation and trades are forcing the market down. The same thing can also happen in reverse and force the market higher on a bubble.
They should do the same for buy and selling then.

That is really retarded.
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Old 03-11-09, 05:03 PM   #7
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Re: Uptick Rule

I find this to be an extremely necessary tool to keep the stock market from free falls
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How the hell did you just tie in a retroactive reparative measure with a proactive preventative measure. Not even close to being the same thing.
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Old 03-12-09, 02:24 PM   #8
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Re: Uptick Rule

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Originally Posted by Harry Guerrilla View Post
I can haz cheezberger?
They should do the same for buy and selling then.
That is really retarded.
Really?

Aligning your incentives with your goals = success.
Aligning incentives with the things you need to avoid = failure.

If you want market failure to be incentivized, by all means you can support that position, but it seems that incentivizing a growing market (or sustained market) is obviously what is "good".
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Old 03-12-09, 03:41 PM   #9
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Re: Uptick Rule

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Really?

Aligning your incentives with your goals = success.
Aligning incentives with the things you need to avoid = failure.

If you want market failure to be incentivized, by all means you can support that position, but it seems that incentivizing a growing market (or sustained market) is obviously what is "good".
If they are trying to prevent over selling why would they not prevent over buying that artificially drives the price up?

It makes no sense. Over selling and buying are part of the market equilibrium.

You can't regulate to nonexistence.
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Old 03-12-09, 04:03 PM   #10
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Re: Uptick Rule

Quote:
Originally Posted by Harry Guerrilla View Post
I can haz cheezberger?







They should do the same for buy and selling then.

That is really retarded.

There is a rule on day traders b uying and selling. Day traders have to maintan 25 k in their account.
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