The uptick rally

Article Excerpt

I’m a lukewarm fan at best of many government regulations. But I was happy to hear that the U.S. may re-instate the ‘uptick rule’. Some financial institutions are vulnerable today partly because of bad regulatory rules. Without the uptick rule, hedge funds are free to sell them short at any price, forcing them down before they can mend their balance sheets. The uptick rule restores some balance. It seems many investors agreed, and that helps explain the big rise in the market on March 10. This rally could continue. Read Pat on Twitter Twitter.com lets users send out short messages or ‘tweets’ (140 characters maximum) to anyone who wishes to receive them. You can get tweets as text messages on a cell phone, or read them on Twitter.com. Twitter gives me another way to share my thinking with you more often. If you’d like to take advantage of it, all you need to do is go to twitter.com and follow directions to sign up as…