May 5, 2009
I vote to have your people reinstate the old uptick rule, and also to watch CNBC's Mad Money to listen to Jim Cramer's excellent explanation of why the uptick rule and banishment of ultrashort ETFs are so important to all investors, not just us small-capital home-gamers. If you heard Jim Cramer's logic and facts presented, there would be no doubt that the uptick rule is so very important. Short selling in itself is not a bad thing, until it gets abused, and becomes a weapon of capital mass-destruction