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Strategies & Market Trends : Guidance and Visibility
AAPL 272.55-0.1%Nov 14 3:59 PM EST

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To: keithcray who wrote (10472)8/12/2001 12:11:49 PM
From: ChrisJP  Read Replies (2) of 208838
 
Still plenty of earning announcements this week.

biz.yahoo.com

biz.yahoo.com

biz.yahoo.com

PSUN, NTAP, IMAX and EGGS report this week. I'm sure some of your guys favoriets are in there too.

You know, if I were king of the stock market world, I'd make 2 fundamental changes right off the bat.

1. ALL companies report earnings on the 1st SUNDAY after the end of the quarter. This never-ending earnings season just keeps the market volatile for no reason. Stringing it out only benefits short term traders who move from stock to stock .... at this point for at least 6 weeks out of every 3 months. I say get it over with as soon as possible and quit jerking around everyone's life savings.

2. Each stock should trade at 1 price all day. Think about it -- does your grocery store or gas station or dept store change prices every 5 seconds based on supply, demand or bullshit ? Of course not ! I say set the bid/ask at the open and keep it there all day. If you don't like the price -- tough shit ! Wait till tomorrow or change your price ! Markets that provides instantaneous price changes only benefits MMs and short term traders. It screws long term investors. You have a problem with that ? Welllllll you shouldn't because that's how mutual funds operate. One price per day.

If anyone ever wanted to get the greed and manipulation out of the markets, that's all they would have to do to get rid of 80% - 90% of it. And we all know why no market would adopt these changes.

lol

Chris
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