Originally Posted by Skyhook
Once, before I grew up ( sometimes think I really did) I was convinced that the Stock Market was an honestly-run business endeavor... I do not cling to that illusion any more; I have witnessed too much.
It's not just the crookedness. Another huge problem is all the electronic trading and systems which interact. I'll bet no one person really understands it all. Remember the "flash crash" of 2010? That was around 1000 points. I know a day trader who lost a year's earnings in 60 seconds.
"I have obviously failed to galvanize and prod, if not shame enough Americans to be ever vigilant not to let a Chicago communist-raised, communist-educated, communist-nurtured subhuman mongrel like the acorn community organizer gangster Barack Hussein Obama to weasel his way into the top office of authority in the United States of America."
– Ted Nugent