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Ned Serious

03/10/09 12:17 PM

#72785 RE: spirilis #72783

The Rule is similar to Murphy's Law, in that it states, that when you sell a stock, it immediately ticks waaaay UP after you sold it. Its also known as the NedSerious law. just kidding.

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http://www.investopedia.com/terms/u/uptickrule.asp

A former rule established by the SEC that requires that every short sale transaction be entered at a price that is higher than the price of the previous trade.