Subject: File No. S7-08-09
From: Patrick P Correia
Affiliation: Investor

May 5, 2009

We had the up tick rule for last so may years. It needs to be in place. Too many 3x bears funds and short sellers have brought the market down because it is not in place. There is no resistance left if some body wants to bring the market down. Too may companies have gone down just because of the co-ordinated efforts of the short sellers.