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Thursday, December 12, 2013 6:58:58 PM
Basically when a stock was falling, traders could not short an equity until there was an uptick. I don't have time to go into details but the rule was removed by GW's crew and then reinstated during the 2008 collapse. However today the rule has been stricken and there is no uptick rule in place.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
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