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Mr. Laz
08-12-2011, 05:29 PM
i figure this is going to go over like a lead balloon, but whatever.

Imo the stock market is supposed to be about investing in American businesses in a positive way to help grow the country. It's turn into some kind of real life Casino where people buy and sell based on waves and trends.

It makes the stock market destructive imo.

I think they should make some big changes.

1.) ban short-selling. People betting a stock to lose is just stupid and against the whole purpose of the market

2.) limit the speed the of the stock price updates. There are companies with computers out there that buy and sell millions of stocks each SECOND, just riding the trends. All it does it create false bubbles and chaos. Imo stocks prices should updated every XX minutes to stop that crap from dominating the market. How long between updates? Every minute? Every 5 minutes? Once an hour?

3.) Conflict of interest. A company can't recommend stocks etc if they are actually making money from the sale of stocks.


It would push the market back to buying on the markets of the stocks instead of rolling the dice on some kind of real life game of craps.

Just sayin' :shrug:

(yes, all you Day Traders are pissed)

Extra Point
08-12-2011, 06:05 PM
Buy SQQQ, then, by the droves. The banks love derivatives! Welcome to how I felt 10 years ago. They aren't going to change a damned thing! Wait until INTC gets down to $11, then buy.

DenverChief
08-12-2011, 06:29 PM
I rhink the stock market and credit rating scores thing with all the countries is a precursor to a one world currency. I think thats is what is coming next

Brianfo
08-12-2011, 07:26 PM
Your lead balloon just sank into the ocean. We now live in a world that is the information age. The faster the better. Not going to change that now.

You must be long on some stocks and sad about your losses. Don't fret. It will turn around someday. Unless you are ready to retire tomorrow, don't sweat it.

Fat Elvis
08-12-2011, 10:13 PM
I think #2 & 3 merit some discussion, if even just academic, but #1 is absolutely insane. Short sellers are buyers of last resort. They help to keep a stock from going to 0. If a short seller doesn't buy a stock that they shorted, they cannot collect a profit. Also, short sellers can only short stocks that they can borrow--which is a lot easier to do today because people no longer ask for the stock certificates for the stocks they purchase.

alnorth
08-12-2011, 10:23 PM
short answer:

1) impossible

2) impossible

3) silly and impossible

longer answer:

There's nothing wrong with the stock market if you aren't playing the game. The people who lose are the ones who think they are smart enough to jump in and out, and those who don't buy in unless its high and get frightened easily into selling when its low. Buy, hold, diversify, rebalance every so often, and forget about it.

You can't ban short-selling. It is a private transaction where someone promises to give stock to someone, at an agreed price, x days in the future, without necessarily having the stock at the time of the agreement. It is a simple contract, how are you going to ban it? If you try, it'll go overseas. Aside from that, short-selling also serves a legit purpose. If a company tries to blow smoke up people's ass about how well they are doing, the short-sellers will keep them honest. Short-sellers tend to kill off a weak stock quickly rather than let it lurch onward zombie-like, enticing more people to buy in until it finally dies. If a stock is incorrectly priced too high and most of the market doesn't realize it, we should want the short sellers to be able to profit.

You cant stop information from coming out about stock prices, and you really shouldn't even want to try. The free market depends in part on the best information being available quickly. If people overreact to short-term news (see first paragraph above) and they get burned, they deserve to get burned. Don't panic-sell. Don't play the buy/sell day-trading game.

It would be unproductive to ban the practice of rating agencies, and they would go overseas if you tried. They are supposed to be impartial despite the fee. If they aren't, they lose credibility and begin to be ignored. There's far more than 3 rating agencies out there, they just all don't have the reputation of the big 3. The housing fiasco was due to them being too incompetent to keep up with the incredible complexity of those CDO's, not corruption.

ArrowheadMagic
08-12-2011, 10:30 PM
Pumping and Dumping are a way of life. Dont be mad because someone is more successful at what they do.The amount of research that goes into being successful, should be taught in school. It isnt a new... where were you 15 yrs ago bitching about it? 20? 30?

Nickel D
08-12-2011, 10:38 PM
You forgot a few other mandatory rules:

- The Chairman of the Federal Reserve Bank is not allowed to make any statements, official or otherwise, during his term in that position.

- Buyers and sellers are to ignore all rumors, trends, etc.

- The status of any foreign markets is not to affect the U.S. Stock Market in any way, shape, or form.

Nickel D
08-12-2011, 10:42 PM
Oh, and one other:

- All participants or soon-to-be participants in the U.S. Stock Market are to always tightly shut their eyes, cover their ears securely, and shout in a loud voice "LAH-LAH-LAH-LAH..." over and over again repeatedly and continuously until the time at which they completely stop participating in said market. Violations of this policy will result in immediate forfeiture of their investment(s) and mandatory and instant application of the death penalty.

ArrowheadMagic
08-12-2011, 11:02 PM
lol.. point is considered gotten.