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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kanetsu who wrote (54821)	9/4/2001 11:48:39 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

I totally disagree with you on all points. Nothing wrong with that. Here is the point-by-point you demanded. ...wouldn't you rather hear about ways to make money... Unfortunately, this thread cannot be divided into topics like our HOME board is on Insighters. Now Daytrading is a reliable way to make money in these dull markets, but then about half the folks on SI have just been aced out of that profession/skill/craft/hobby by the recent SEC/NASD margin rule adoption. . . . which you say is not relevant to discussion. ...complaining by investors was the catalyst for the new margin rules... I disagree. The initial proposal for the margin rule change goes back to I believe 1998. . . well before people lost money through the excessive margin trading of '99 and 2000. So unless they were "psychic" . . . ...the short sale rule needs to be advised [revised?]to accommodate sophisticated financial products such as CFDs, swaps, repo etc.? I disagree. That is a mere excuse. The pressure on the SEC and NASD is one-sided. There is no resistance whatsoever by Individual Investors. Arthur Leavitt has stated as much. So those who benefit most from short-selling and who would like benefiting even more from it. . . namely Hedge Funds . . . apply pressure to make a change, using WHATEVER "excuse" fits best at the time. . . unfortunately, they nearly always get their way. . . because we don't speak up. ...even if the rule is revised it will have little effect on us... I disagree. Should the global markets take the sort of dump that many economists are predicting, the U.S. markets will follow quickly behind. . . meaning we could see stock prices begin breaking down further. Want to see CIEN, FNSR, LPTH, etc. selling in the pennies? Take away the Short-Sale rule and watch how fast the chain reaction occurs. . . . ultimately effecting each and every one of us. . . as the economy follows the markets. There I disagree with you on all points. There is nothing wrong with that. That is why I like you and believe you have much to offer people with your particular viewpoints. I know that I can always get an opposing point of view from you. William Jepsen and I disagreed on this board on most every issue for the first year or so of the HOME thread. When people can read both sides of an issue, it helps them to make up their own minds on what they think about it. It excites me when people begin building opinions and getting involved. America needs more citizens speaking up and speaking out! . . . . and the point-counterpoint type of discussion, which we have had here since the beginning, may better explain why so many people enjoy reading these discussions. Thanks, Rande Is