May 11, 2009
Please listen to James Cramer and reinstate the uptick rule as soon as possible. It was enacted after the Great Depression to prevent a market meltdown. After it was repealed, there was another market meltdown. It is obvious the repeal of the uptick rule contributed to this. Also, the reinstatement of the uptick rule will give all traders and investors a level playing field and prevent the short sellers from grinding perfectly good stocks into the ground. We need more honest and sincere watchdogs like Mr. Cramer looking out for Mail Street and Wall Street. Thank you.