Uptick rule

[diggy70]

The SEC elminated the rule last july. This means the short seller can short stocks when they are going down. Could this be why the stock market is way more volatile. We sure see lots of triple digit days on the dow, at least over the last year. Any thoughts?

[The Central Scrutinizer]

If so, that is a good thing. The more volatile, the better for investors.

[RecoveringYuppy]

Is it actually more volatile? Triple digits are going to be more common simply because the DOW is at higher levels.

[skepticalbeliever]

Should there be a downtick rule if you want to buy a stock? I say get rid of the thing for good.

[portlandatheist]

I don't understand the change in the uptick rule. I get turned down by etrade sometimes to short, even when the stock is in an uptick, simply because they don't have the shares to "borrow". It still takes two to tango as it were and I don't think it would be possible for a runaway train of people shorting a troubled stock.