andyn

The Uptick Rule: Mr. Cox, Is It Really That Devilish?

Shouldn't this rule change have REDUCED volatility? Atleast that's why it was removed to make the markets more "free" and hence more true.

I mean, if its easier for people to either buy or sell freely, the market should settle at the "proper true" value.

I guess theory and practice differ as we see, but u cant blame the lack of uptick rules for the selloff.

There were fundamental reasons for this bridge to collapse... huge leverage built on shaky house values. plain and simple.