Subject: File No. S7-08-09
From: PATRICK ODONNELL

May 5, 2009

I SUPPORT THE MARKET WIDE, PERMANENT APPROACH. PROPOSED UPTICK RULE. A MARKET-WIDE SHORT SALE PRICE TEST BASED ON THE LAST SALE PRICE OR TICK. SIMILAR TO FORMER RULE 10a-1.

THIS WOULD HELP TO RESTORE MY CONFIDENCE IN PURCHASING STOCK. THIS WOULD GIVE THE AVERAGE INVESTOR A CHANCE TO MAKE A PROFIT.