Subject: Uptick rule s7-26-08

March 13, 2009

Dear Chairman,

I oppose the reinstatement of uptick rule. Reinstatement of uptick rule will make stocks to bubble up beyond their intrinsic values. Short sellers make sure that stocks are rightly priced. Reinstatement of uptick rule will banish the short-sellers.

I urge you to oppose reinstatement of uptick rule.

Thanks,
Tim Johnson