Subject: File No. S7-08-09
From: Rudolph A Gilchrist

May 5, 2009

I would like to see the old uptick rule reinstated as was. We do not benefit from the remarkable volitility of recent times and the absence of this rule lends itself to unreasonable and unpredictable detioration in a company's stock, hence it's worth. Companies can experience exteme and unwarrented valuation swings that impact consumer confidence and aid in the overall tightening of consumer spending.