Subject: File No. S7-08-09
From: john f palmer
Affiliation: TRADER

April 22, 2009

BOTH BUYING AND SELLING SHOULD HAVE THE SAME RULES OTHERWISE IT CREATES AN IMBALANCE.
IF PASSED THEN WE SHOULD ALSO IN-STATE A DOWNTICK RULE FOR BUYERS WHERE AS YOU CAN ONLY BUY A UPTRENDING STOCK WHEN IT IS SELLING OFF . RIDICULOUS RIGHT..SO WOULD AN UPTICK RULE.
THERE SHOULD NOT BE ANY UPTICK RULE FOR SELLERS, CREATES IMBALANCE
NO NAKED SHORT SELLING. THANKS, JP