3 replies to this topic

[toni]

I keep reading about the Fed cutting interest rates and putting credits into the banking system in order to bail out the hedge funds and the banks that bankrolled them. Since when is it the taxpayers responsibility to pay to bail out spectulators, hedge funds, reckless and greedy bank trading desks and generally worse than useless hustler traders. We should let all these hustlers go down. After all the world would be a better place is we put them all in a sack and dropped them in the river anyway. They are totally worthless as far as having any value to society. toni

[pdx5]

toni, well said

[tuffy88]

If long term investors just ignore all of this short term frencied trading all of this will not affect them in the least. The stock market will go up and down and in a year or even 6 months what happens to all these slick hustlers will not affect them or the market at all. If one is investing long term as any serious person should be doing the machinations of all these 3 card monti hustlers will make no difference to them. There should be a $1000 surcharge for any trade held for less than 6 months. That would stop all this crazy jumping in and out. No one wins doing that. Jack Bogle said at a Vanguard Diehard meeting a few months ago that you could always tell a short term trader by lookong at their shirts cuffs and shoes heals. They always have frayed shirt cuffs and run down heals. charles

Edited by tuffy88, 10 August 2007 - 12:51 PM.

[NAV]

If long term investors just ignore all of this short term frencied trading all of this will not affect them in the least. The stock market will go up and down and in a year or even 6 months what happens to all these slick hustlers will not affect them or the market at all. If one is investing long term as any serious person should be doing the machinations of all these 3 card monti hustlers will make no difference to them. There should be a $1000 surcharge for any trade held for less than 6 months. That would stop all this crazy jumping in and out. No one wins doing that. Jack Bogle said at a Vanguard Diehard meeting a few months ago that you could always tell a short term trader by lookong at their shirts cuffs and shoes heals. They always have frayed shirt cuffs and run down heals.

charles

You seem to b*tch at every opportunity at ST traders. I wonder where that bitterness comes from. It's not for everyone though !

$1000 surcharge ?? - Jeez, thank god, we still live in a free enterprise and free country.

P.S - It's funny and ironical that you vent out your frustration at traders on a traders' message board.

Edited by NAV, 10 August 2007 - 03:56 PM.