You go ahead and vote for Kodos, then, you damned fool. And I do mean DAMNED, as you are damning yourself and your countrymen to slavery at the hands of "the lesser evil".
Actually, Marxism and Fascism fall in the "Authoritarian" corner of the political compass. The left and the right have been creeping down to the bottom of said compass for the last hundred odd years at least.
Free market capitalism, being an economic policy, is on the side between the "Right" corner and the "Libertarian" corner. The difference between the two being the level of government intrusiveness allowed/demanded in people's personal lives.
Having supported TARP and government bailouts of car companies, I don't really know how you can claim that he advocates Ayn Rand. Perhaps you mean he invokes Rand and her vision of small government while actually taking on the role of a Randian villain?
Actually, the facts say that my IQ is several sigmas above the mean, and that you are a child who tells people that he disagrees with to go kill themselves.
Uhh, the volatility is not visible when you plot on log scale. The fact that the volatility looks the same at the low end and the high end speaks to incredible REAL volatility. Further, that is a chart of the entire DOW Jones on a, what, bi-annual tick? You don't see any of the extreme volatility at that time scale. Similarly, you can't see any of the volatility leading up to any of the other market crashes either.
News flash, capitalism died the day the central bank was signed into law. That was 99 years ago. What you see now is the shambling undead corpse we know as "Fascism".
Right, except that your order gets frontrun and the price of the stock rises by 10% while you are trying to fill your order, and falls back immediately after. Same thing when you sell it. Also, your stops are gained during the constant flash crashes, and if THAT didn't wipe you out, then JPM calls up your broker and tells them to transfer all their customer's money to them leaving you with nothing (ie MFGlobal aka you just got MF'd).
You do realize that owning stocks without stop losses is like sleeping in a room with 1000 rabid apes in it, right? You won't just get your face ripped off, they won't so much as find a splinter of bone when they are done with you.
That has already happened a couple of times. First the "Flash Crash", and then a few other, smaller market wide crashes which resulted in some, but NOT ALL trades being canceled. I can't imagine how much money insiders made off of that shit, and how many bottles of Bollinger were shared as a result. That doesn't mention the hundreds if not thousands of flash dashes and crashes that have occurred in single equities since then.
And in exchange, the retail investor gets his stops run by the constant flash crashes and loses everything, which is probably why they have all left the markets, leaving little more than churn and dumb money.
So do corporations in a fascist society. You know, privatize the gains, socialize the losses, pretend like the trades that cause flash crashes didn't happen. Honor some of those trades, but not others, etc, etc.
The SEC is CRIMINALLY NEGLIGENT in their refusal to so much as INVESTIGATE the links between certain HFTs (especially those run by the likes of JPM) and the exchanges they "provide liquidity" for. Pure fascism.
Except when it causes a flash crash to zero, or a flash smash to 500,000. Then trades have to be canceled, and the market crumbles a little more as more people leave, disgusted.
Of course, if all these bucket shops were made to honor their bad trades when their algos go rogue, they would mostly go out of business and we wouldn't have to worry about it. Presumably, those that were left would actually do what they are supposed to do and provide liquidity, rather than frontrunning and manipulating prices on the microsecond scale.
What? I guess you forgot about the flash crash, and the, oh, hundred odd mini-flash crashes that we have had since then.
Not ALL HFT is bad, but some of it certainly is. The exchanges are negligent in their duties to their clients when they allow some HFTs better access than others, and outright criminal when they allow them to frontrun orders after they are placed and before they can be executed.
Speaking of executed, I didn't realize Jamie Dimon was a fan of Tolkien. Let me guess, you were rooting for Sauron?
The government need not intervene in that way. Rather, the SEC should stop looking at tranny porn and investigate the links between the HFT bucket shops and the exchanges (ie do their fucking jobs and enforce existing laws and regulations). Many are on the up and up, but some are linked in such that they can frontrun orders, stealing from human traders (ie they see someone place an order for a stock, and they rush in and buy before the order can be placed, raising the price by a few cents, then sell it to the buyer at a higher price). This phenomenon is a major reason that retail has almost totally exited the markets.
HFT has introduced a new era of price instability and top-down manipulation. HFTs read headlines that have been crafted to create certain responses which get front-run. They cause flash crashes. They bankrupt brokerages when they go awry.
It is the fault of the exchanges. They should kick these guys to the curb, but they are making too much money on them. They have driven retail investors out of the market instead. As such, these HFTs overwrite the pricing mechanism of people buying and selling based on actual research and real data (signal) and leave behind nothing but churn (noise). With the pricing mechanisms destroyed, the markets no longer function. This will lead to nothing but tragedy, and soon.
I am really holding myself back from flaming you. I guess you forgot about the whole "one small step for man" thing.
To remind you, here is the footage of the decent (actual footage on the left--this is what was shown in school gymnasiums and such): http://www.youtube.com/watch?v=MGROPoLkMQM
Yes, that is one way to get them interested. Introducing it to them in school is another. I became interested in space as a boy with little or no intervention from my parents and it helped to lead me to become a scientist.
Slashdot Mirror
You go ahead and vote for Kodos, then, you damned fool. And I do mean DAMNED, as you are damning yourself and your countrymen to slavery at the hands of "the lesser evil".
Actually, Marxism and Fascism fall in the "Authoritarian" corner of the political compass. The left and the right have been creeping down to the bottom of said compass for the last hundred odd years at least.
Free market capitalism, being an economic policy, is on the side between the "Right" corner and the "Libertarian" corner. The difference between the two being the level of government intrusiveness allowed/demanded in people's personal lives.
The left/right paradigm is a part of the problem.
On the left, Marxism, on the right, Fascism. Sadly, most politicians subscribe to BOTH ideologies, not matter how much they decry their names.
Vote third party or watch the Republic die.
Having supported TARP and government bailouts of car companies, I don't really know how you can claim that he advocates Ayn Rand. Perhaps you mean he invokes Rand and her vision of small government while actually taking on the role of a Randian villain?
Two charges isn't double jeopardy. Bing acquitted, or having your conviction overturned, then being charged for the same thing again IS.
But laws don't apply to the authorities in a police state.
Ad hominem is not a refutation.
Actually, the facts say that my IQ is several sigmas above the mean, and that you are a child who tells people that he disagrees with to go kill themselves.
Here is a teeny tiny smattering of such events: http://www.zerohedge.com/news/wtf-skynet-chart-du-jour
Uhh, the volatility is not visible when you plot on log scale. The fact that the volatility looks the same at the low end and the high end speaks to incredible REAL volatility. Further, that is a chart of the entire DOW Jones on a, what, bi-annual tick? You don't see any of the extreme volatility at that time scale. Similarly, you can't see any of the volatility leading up to any of the other market crashes either.
What happens when everyone leaves? You know, like they did last year.
The first story that popped up on Google: http://www.usatoday.com/money/markets/2011-05-16-mini-flash-crashes-market-worry_n.htm
And they haven't stopped: http://www.zerohedge.com/news/visualizing-todays-last-second-60000-e-mini-contract-wipe-out
News flash, capitalism died the day the central bank was signed into law. That was 99 years ago. What you see now is the shambling undead corpse we know as "Fascism".
Right, except that your order gets frontrun and the price of the stock rises by 10% while you are trying to fill your order, and falls back immediately after. Same thing when you sell it. Also, your stops are gained during the constant flash crashes, and if THAT didn't wipe you out, then JPM calls up your broker and tells them to transfer all their customer's money to them leaving you with nothing (ie MFGlobal aka you just got MF'd).
You do realize that owning stocks without stop losses is like sleeping in a room with 1000 rabid apes in it, right? You won't just get your face ripped off, they won't so much as find a splinter of bone when they are done with you.
That has already happened a couple of times. First the "Flash Crash", and then a few other, smaller market wide crashes which resulted in some, but NOT ALL trades being canceled. I can't imagine how much money insiders made off of that shit, and how many bottles of Bollinger were shared as a result. That doesn't mention the hundreds if not thousands of flash dashes and crashes that have occurred in single equities since then.
And in exchange, the retail investor gets his stops run by the constant flash crashes and loses everything, which is probably why they have all left the markets, leaving little more than churn and dumb money.
So do corporations in a fascist society. You know, privatize the gains, socialize the losses, pretend like the trades that cause flash crashes didn't happen. Honor some of those trades, but not others, etc, etc.
The SEC is CRIMINALLY NEGLIGENT in their refusal to so much as INVESTIGATE the links between certain HFTs (especially those run by the likes of JPM) and the exchanges they "provide liquidity" for. Pure fascism.
Except that those trades get canceled, making people lose faith in the markets.
Except when it causes a flash crash to zero, or a flash smash to 500,000. Then trades have to be canceled, and the market crumbles a little more as more people leave, disgusted.
Of course, if all these bucket shops were made to honor their bad trades when their algos go rogue, they would mostly go out of business and we wouldn't have to worry about it. Presumably, those that were left would actually do what they are supposed to do and provide liquidity, rather than frontrunning and manipulating prices on the microsecond scale.
What? I guess you forgot about the flash crash, and the, oh, hundred odd mini-flash crashes that we have had since then.
Not ALL HFT is bad, but some of it certainly is. The exchanges are negligent in their duties to their clients when they allow some HFTs better access than others, and outright criminal when they allow them to frontrun orders after they are placed and before they can be executed.
Speaking of executed, I didn't realize Jamie Dimon was a fan of Tolkien. Let me guess, you were rooting for Sauron?
The government need not intervene in that way. Rather, the SEC should stop looking at tranny porn and investigate the links between the HFT bucket shops and the exchanges (ie do their fucking jobs and enforce existing laws and regulations). Many are on the up and up, but some are linked in such that they can frontrun orders, stealing from human traders (ie they see someone place an order for a stock, and they rush in and buy before the order can be placed, raising the price by a few cents, then sell it to the buyer at a higher price). This phenomenon is a major reason that retail has almost totally exited the markets.
You know not of what you speak.
HFT has introduced a new era of price instability and top-down manipulation. HFTs read headlines that have been crafted to create certain responses which get front-run. They cause flash crashes. They bankrupt brokerages when they go awry.
It is the fault of the exchanges. They should kick these guys to the curb, but they are making too much money on them. They have driven retail investors out of the market instead. As such, these HFTs overwrite the pricing mechanism of people buying and selling based on actual research and real data (signal) and leave behind nothing but churn (noise). With the pricing mechanisms destroyed, the markets no longer function. This will lead to nothing but tragedy, and soon.
I am really holding myself back from flaming you. I guess you forgot about the whole "one small step for man" thing.
To remind you, here is the footage of the decent (actual footage on the left--this is what was shown in school gymnasiums and such): http://www.youtube.com/watch?v=MGROPoLkMQM
And here are the first steps on the moon: http://www.youtube.com/watch?v=1BEwmTkMCCU
This was all watched live by 1/5th of the world's population: http://en.wikipedia.org/wiki/Apollo_program#Cultural_impact
For fucks sake.
Yes, that is one way to get them interested. Introducing it to them in school is another. I became interested in space as a boy with little or no intervention from my parents and it helped to lead me to become a scientist.
"Hurr, u dun't agri wit me kil urself lulz."