Stock Market: Will imposing the Uptick rule really Stabilize the market? - GoFuckYourself.com

$5 submissions · 03-10-2009, 01:19 PM

Today's stock market rally was partially due to the implementation of the UPTICK RULE which seeks to brake short selling of stocks. I think the effect will be temporary. It's a nice little psychological bandaid, so to speak. It won't brake the fucked effects of short selling on the general market: http://www.economist.com/displaystor...ry_id=11591349

$5 submissions · 03-10-2009, 01:23 PM

Not that I'm saying short selling itself is fucked. It has its uses and provides the market with liquidity and efficiency.

RayBonga · 03-10-2009, 01:24 PM

what's the Uptick rule?

$5 submissions · 03-10-2009, 01:32 PM

Quote:

Originally Posted by RayBonga

what's the Uptick rule?

http://www.thestreet.com/story/10466...aningless.html

ADL Colin · 03-10-2009, 01:36 PM

Doesn't matter long-term.

Short-term it creates more opportunities for long value investors as prices get battered down to cheaper than they would have otherwise. Difficult to know to what extent.

Doesn't matter to me one way or another.

$5 submissions · 03-10-2009, 01:44 PM

Quote:

Originally Posted by ADL Colin

Doesn't matter long-term.

Short-term it creates more opportunities for long value investors as prices get battered down to cheaper than they would have otherwise. Difficult to know to what extent.

Doesn't matter to me one way or another.

Yeah, I think you're right. It's a temporary psychological boost but at the end of the day, it's all about fundamentals. And fundamentals don't look very good right now until the mortgage mess is cleaned up. The slow down and uncertainty in credit is affecting industrial production/services and this results in a vicious downward cycle.

slapass · 03-10-2009, 01:50 PM

We had to deal with the uptick rule for years. We had some pretty big crashes in 2001 with it. Not sure it makes a bit of difference.

$5 submissions · 03-10-2009, 01:56 PM

Quote:

Originally Posted by slapass

We had to deal with the uptick rule for years. We had some pretty big crashes in 2001 with it. Not sure it makes a bit of difference.

Yep. It was imposed during the Great Depression, lasted until 2007. Didn't do shit to prevent the 1987 crash and other steep drops. It's announced implementation is like a short-lived sugar high.

Wizzo · 03-10-2009, 01:57 PM

Its a start to cleaning up the market, next Credit Default Swaps need to be outlawed again...

03-10-2009, 01:19 PM	#1
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Stock Market: Will imposing the Uptick rule really Stabilize the market? Today's stock market rally was partially due to the implementation of the UPTICK RULE which seeks to brake short selling of stocks. I think the effect will be temporary. It's a nice little psychological bandaid, so to speak. It won't brake the fucked effects of short selling on the general market: http://www.economist.com/displaystor...ry_id=11591349 __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

03-10-2009, 01:23 PM	#2
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Not that I'm saying short selling itself is fucked. It has its uses and provides the market with liquidity and efficiency. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

03-10-2009, 01:36 PM	#5
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Doesn't matter long-term. Short-term it creates more opportunities for long value investors as prices get battered down to cheaper than they would have otherwise. Difficult to know to what extent. Doesn't matter to me one way or another. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink" Last edited by ADL Colin; 03-10-2009 at 01:37 PM..

03-10-2009, 01:57 PM	#9
Wizzo 2011 GFY Hall of Fame! Industry Role: Join Date: Nov 2000 Location: Back in Texas! Posts: 15,224	Its a start to cleaning up the market, next Credit Default Swaps need to be outlawed again... __________________ Looking for Opportunity!

03-10-2009, 01:24 PM	#3
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	what's the Uptick rule?

03-10-2009, 01:50 PM	#7
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	We had to deal with the uptick rule for years. We had some pretty big crashes in 2001 with it. Not sure it makes a bit of difference.