bigwave Posted February 29, 2020 Report Share Posted February 29, 2020 1 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted February 29, 2020 Report Share Posted February 29, 2020 Yes the market does whatever the guy behind the curtain tells it to do. Haha, I wish I was at my desk to play that ride. $$$$$$ i used to get so angry with moves like that. Now I just hop onboard.for the ride. That’s what algo Machine Trading looks like. Classic 1 Quote Link to comment Share on other sites More sharing options...
bigwave Posted February 29, 2020 Author Report Share Posted February 29, 2020 BAD ACTORS ARE CRASHING THE MARKETS: To Stop the Current Short Sale Attack on the Stock Market President Trump Must Reinstate the Uptick Rule To Stop the Current Short Sale Attack on the Stock Market President Trump Must Reinstate the Uptick Rule President Trump needs to reinstate the uptick rule to stop the short seller attack on the market. The uptick rule worked great from 1938 to 2007. The current modified uptick rule in place since 2010 doesn’t work. Reinstate the uptick rule and stop the short seller attack. The Uptick Rule in place from 1938 to 2007 prevented a short sale of a stock unless the previous trade caused an increase in price (an “uptick”). It was put in place by the Securities and Exchange Act of 1934 in response to the stock market crash in the Great Depression to prevent future attacks on the market by short sellers. The rule was eliminated by the SEC in 2007, and the market crash of 2008-09, which was in part a short seller attack, followed almost immediately. The resulting crash absolutely helped Democrats win in a landslide in 2008. In response, the SEC introduced the “Alternative Uptick Rule” (Rule 201) in 2010, “which imposes restrictions on short selling only when a stock has triggered a circuit breaker by experiencing a price decline of at least 10 percent in one day.” https://www.thegatewaypundit.com/2020/02/bad-actors-are-crashing-the-markets-to-stop-the-current-short-sale-attack-on-the-stock-market-president-trump-must-reinstate-the-uptick-rule/ Quote Link to comment Share on other sites More sharing options...
bostonangler Posted February 29, 2020 Report Share Posted February 29, 2020 9 hours ago, bigwave said: BAD ACTORS ARE CRASHING THE MARKETS: To Stop the Current Short Sale Attack on the Stock Market President Trump Must Reinstate the Uptick Rule To Stop the Current Short Sale Attack on the Stock Market President Trump Must Reinstate the Uptick Rule President Trump needs to reinstate the uptick rule to stop the short seller attack on the market. The uptick rule worked great from 1938 to 2007. The current modified uptick rule in place since 2010 doesn’t work. Reinstate the uptick rule and stop the short seller attack. The Uptick Rule in place from 1938 to 2007 prevented a short sale of a stock unless the previous trade caused an increase in price (an “uptick”). It was put in place by the Securities and Exchange Act of 1934 in response to the stock market crash in the Great Depression to prevent future attacks on the market by short sellers. The rule was eliminated by the SEC in 2007, and the market crash of 2008-09, which was in part a short seller attack, followed almost immediately. The resulting crash absolutely helped Democrats win in a landslide in 2008. In response, the SEC introduced the “Alternative Uptick Rule” (Rule 201) in 2010, “which imposes restrictions on short selling only when a stock has triggered a circuit breaker by experiencing a price decline of at least 10 percent in one day.” https://www.thegatewaypundit.com/2020/02/bad-actors-are-crashing-the-markets-to-stop-the-current-short-sale-attack-on-the-stock-market-president-trump-must-reinstate-the-uptick-rule/ Did you forget Trump is an Elitist? He is one of them and has admitted to manipulating the markets in the past. He has admitted to putting out false info on potentially buying a company to drive up the price, only to sell and therefore cash in... I am always shocked that people forget things like this. He is a money man and could care less about the average person... I know I'm going to get negged for telling people the truth about his market manipulation, even though he has admitted it... Ahh The United States of Amnesia... B/A 1 Quote Link to comment Share on other sites More sharing options...
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