Subject: File No. S7-08-09
From: David J Fredrickson, Sr

May 4, 2009

Put back the "uptick" rule. It's time to correct the terrible mistakes made when the rule was removed. It's also time to get rid of "naked short selling" as well. A large part of the losses suffered in the stock market by the average investor are directly connected to these two heinous vulnerabilities.
Without the protection of the "uptick rule" and eliminating "naked shorting" you will be cosigning an "open season" for "bear-raids" and placing average investors in harms way to be fleeced by the hedge fund mob of shorts.