Who is still in favor of the no uptick rule? Of CDS with no insurable interest? Of the return of mark to market? Of no position limit futures? Where fundamentals don't matter and $25 million to $50 million in well placed CDS's can cause horrific damage to a multi-trillion dollar global equities cash market. That crash was all about futures pinning and the creation of margin calls out of financial vaporware!
I can say with absolute certainty that if we had the original uptick rule in place we would not have seen a third of that drop today.
All in favor of keeping the above-mentioned rules in place -- Stand up and be counted.....
Meanwhile, I think we are sitting on an extraordinary opportunity in the solar space after that beta monster crash. I'm still scouring and thinking about buying some more beta after grabbing yet more AAPL around $246.....
long AAPL
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