Search results

why doesn't someone take delivery on the comex and start minting and retailing smaller denominations? anything illegal about that? start a brand and do it. immediate trustworthy service and complete standardization, honest grade and weight. spread tighter than everyone else to compensate...

most of the time, the best trade is no trade. and i definitely understand full-time trader myopia. the power not to participate is actually a pretty potent one (imo), especially for people who provide liquidity on any scale, day in, day out.

the feds and banks need the shorts. ban shorting all the way down, get everyone and their brother itching for a short. give em a glimpse of the apocalypse.. let a tide of newbs roll in once the selling is complete, then squeeze like lemons. trapping shorts with an intricate patchwork of...

how do you value trust? seems to be off everyone's radar.

sorry i went back and edited my last few posts while u were replying to flesh out the way i'm looking at it there are surely lots of approaches. personally my most consistent years and gains were in immature and illiquid markets. i definitely prefer 'flow' to 'bots' if i may generalize. it...

if they decide to do this, a fixed per-trade fee is far preferable to a per-trade % of profit tax. imo the more i think about it, i'm starting to like the fixed fee idea assuming it would apply to dark pools, otc, etc - not just listed, and with no institutional or size based loopholes. who...

i agree with everything above. seems to me if it's a per transaction "tax" as a % of profit it would hurt everyone equally. but if it's a fixed amount per transaction "fee" applied uniformly, it might actually flush out a little bit of the toughest competition. everyone would have to increase...

don't shoot me for thinking this out loud, but is there any chance that a transaction based fee would help wash institutional black box and quant strategies out of the market, taking us slightly back in time towards intraday mkt conditions resembling ~5 years ago? as it stands right now...

i'm going on a huge ass shopping spree using IOUs written on gumwrappers in crayon. cya

i hope obama knows the difference between leverage and trading. institutional and retail. fair and level competition in financial markets is good for america.. is he confused? sounds like he might be.

is it possible that chanting herd were an undocumented family of primate?

the problem approached us like a glacier. ho hum it's just an 'ownership society' with rock bottom rate decisions, slowing growth, doubling and tripling home prices, exponential CDS growth... so we synthesized bank profits out of thin air with leverage until the system was entirely drained...

is the air thin in alaska? i watched her very clumsily trying to say that alaska's geographical proximity to russia and canada constitutes foreign policy experience. she sounded like she had just taken a monster whippit :)

yes, that would be very intellectually dishonest. not sure if/how you read that into what i'm saying. just to be clear: it's not a free market. it wasn't a free market. if the market soars from here into colossal global greatness, it wouldn't be to the credit of a free market. if the...

ok i respect your opinion and i think i see where you're coming from, although i read the situation a little differently. in my opinion, we haven't had a free market system in the US at any point during my lifetime (32). In many ways it certainly looks like one, but in the MOST important...

personally i think that's just one price of a truly free market system. failure has to be allowed on any scale. yes, gs et al would go under and potentially tank the economy for several years. In the next cycle, nobody would take their current level of risk, knowing full well that there's...

the market would (in the long run) if the overleveraged banks and households were simply allowed to fail.

money should just be free. period. make it a public service. end the concept of 'banking'. no banks, no bailouts, major stimulus interest is only charged punitively, in the case of default and asset seizure. creditworthiness is still rewarded.

goldman and the US government should gather all their favorite cronies in a fortress and hire blackwater et al to go thieving house-to-house

you can only change the rules so many times before people lose confidence in the system