Saturday, April 04, 2009 4:02:38 PM
Seems the PIGs are determined to do the uptick
change with or without SEC. This BS with SEC
may go down WED. Do you have any good grasp on
possible effect other than an inflated LONG numbers
and the timing of this to hold up the market to
these euphoria inflated levels.
""IF"" they go with something like the SEC Circuit Breakers
Levels and then it kicks in should not have too much effect
on day trading as we know it. Say a run on a bank stock
of 5% or so then uptick kicks in. But again changing the dam rules.
5% or so of say GM or equal stock is a few pennies.
Next they will be after 2X and 3X ETF's QLD/QID, FAS/FAZ
Here are the current SEC breaker levels for 2009 Q2
Read "readjusted" at start of each quarter
http://www.nyse.com/press/circuit_breakers.html
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