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shatto

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PostSubject: If You Invest   March 31st 2014, 1:28 pm

....
This is a must see, if you invest in any way.

March 30, 2014.
60-Minutes

High-frequency traders (with super-computers)
are “able to identify your desire to buy shares…
buy them in front of you and sell them back to you
at a higher price.
It all happens in infinitesimally small periods of time,”
says Michael Lewis in his first interview
about the new book, “Flash Boys.”

“This form of front-running is legal. It’s legalized front running.
It’s crazy that it’s legal for some people to get advance news on
prices and what investors are doing.
It’s just nuts. Shouldn’t happen.”
– Michael Lewis on high-speed trading predators:
http://cbsn.ws/1iPPTXE
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pup

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PostSubject: Re: If You Invest   March 31st 2014, 5:41 pm

The game has always been rigged by those who run the game.

Hence the term "too big to fail."

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TheQuig

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PostSubject: Re: If You Invest   March 31st 2014, 7:55 pm

I saw that segment last night on 60 minutes. Looks like they have figured out a way to beat these crooks.

____________________________________
Don't believe everything you read on the internet- George Washington.
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Diseasel



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PostSubject: Re: If You Invest   April 1st 2014, 10:38 am

And then probably more than one high frequency trader is piling on the trade so the pennies add up on the little guy's transaction. They make lots of money and no doubt have well funded lobbyists so congress won't do anything. As usual nothing will change until people get outraged.

It's a middle man fee/tax on every trade. How can that ever be good?

Mark Cuban is very much against HFT. Today he's quoted saying it's wrong, perverse, and stock companies should add a requirement to hold stock for some minimum amount of time, maybe 1 minute.
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Diseasel



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PostSubject: Re: If You Invest   April 1st 2014, 10:58 pm

I finally had a chance to watch that episode. Very interesting. I hope IEX continues to take profits from the predators.
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shatto

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PostSubject: Re: If You Invest   April 11th 2014, 3:11 pm

....
Worth a glance?


'This will be the worst since '87': Man who predicted 1987 stock market crash and the Great Recession claims another crash is months away

Read more: Dr Marc Faber claims another crash is months away | Mail Online
Follow us: @MailOnline on Twitter | DailyMail on Facebook
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Diseasel



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PostSubject: Re: If You Invest   April 11th 2014, 4:02 pm

Yep, it's probably long over due. There's a few vocal gloom and doomers coming out saying the same thing now that the Fed has to take away the punch bowl and we're left with a few trillion more dollars of debt, a slow moving economy, and a mystery about who will buy our future debt.

Also an interesting story about 85% of pension plans could fail in 30 years. Of course there's time to work that problem but big problem is its underfunded and the assumed fixed rate returns of 8-9% annually are no where near the reality of ~4-5%. And as pensions plan go so too goes insurance companies, annuities, etc. There's a bumpy road ahead for all. 

http://americasmarkets.usatoday.com/2014/04/09/report-85-of-pensions-could-fail-in-30-years/
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shatto

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PostSubject: Re: If You Invest   April 12th 2014, 2:35 am

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