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Old 01-10-2013, 01:23 AM  
bhutocracy
Not making A Comeback
 
Industry Role:
Join Date: Dec 2001
Posts: 10,218
Yep it's a big bad ole casino impossible to predict... keep thinking that guys and keep away from the best asset class of the last 3 years. *rolls eyes*

Just shoosh with the hyperbole basically. It makes you look ignorant. Shady stuff happens no one is saying it doesn't - even Martha insider traded.. But if you have any real experience analysing stocks its not exactly rocket science. I keep my investments to one sector I know a shit tonne about.. there isn't too much stuff that can be too shady in my area without it being obvious. Also you're not really competing with the companies.. To take the silly random casino analogy seriously for a moment, if the company (the dealer) can see everyone's poker cards I don't necessarily care that much.. like a bear in the woods - I only have to outrun the other players. The thing that is great about the market is that it's relatively easy to be more knowledgeable than 90% of the other participants. I routinely get out of sticky situations by selling to willing buyers because the can't interpret a release properly.

Agree 100% on HFT though. Just bs. Bear in mind many people similarly dislike shorting which has the same raison detre - liquidity.
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