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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It? -- Ignore unavailable to you. Want to Upgrade?


To: id who wrote (60)5/11/2002 12:52:21 PM
From: id  Read Replies (1) | Respond to of 589
 
hmmmm again. interesting how a growing number of those determined to portray this thread is an embarrassment perpetrated by a naive collection of whiny losers have nothing better to do with their own time than hang out on this thread--lol!

i can't tell you how embarrassed i am to have ever so briefly considered the possibility that MMs might just occasionally, you know, do a tad bit of manipulatin'; or how foolish i feel to have suspected, even for a moment, that the endless series of 'buy' recommendations relentlessly issued by the herd of analysts working for the 'big boyz' (to whom i have been cruelly unfair:)were in any way--gasp!--manipulative; or how silly i must have been to think that the desparate decades long attempt to stave off trading in logical one cent increments had anything to do with the boyz manipulating our saintly congressfolks to the detriment of the public investor.

lets cut to the chase. every trader must, of course, accept responsibility for his trades, his bank account and his choice to participate in a 'job' that is indeed dangerous. but the premise that any communal attempt to make the job less dangerous is silly or whiny, is itself transparently manipulative, and historically disproven. it is, in fact, communal indignation of a sort that has been responsible for many of the changes that have made trading viable for more individuals than ever before.

what a thread like this CANNOT do is save the truely foolish from themselves, and no one is suggesting otherwise. what a thread like this CAN do is use the ever more impressive power of the internet to facilitate the collection of data, the gathering of observations and the congealing of public opinion to increase the leveling of the playing field. the fact that the playing field can never be completely leveled is an insufficient argument for making no effort in that general direction, in the same way that the fact that death is inevitable is an insufficient argument for making no effort to enhance the quality of life.

finally, we may take it as a given that only those who fear they would not fare well on a more level playing field have any reason to object to efforts in that direction. keep that in mind as you read on.

id