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

To: LPS5 who wrote (80)	5/11/2002 1:59:21 PM
From: Dave Gore	Read Replies (2) \| Respond to of 589

But shouldn't the Market be as fair as Casino Gambling? Or if not, than should the small guy even be in the Markets at all? Especially those 99% who are at work and unable to follow the Markets during the day? I mean if fundamentals matter little and even T/A seems to be less reliable, are we just guessing "red" or "black" and hoping we're on the right side of the equation? Of course, it's not even that simple because if you bought a stock after it started running up Wed. and held, you might be underwater anyway. You can guess right bigtime but it you hold a few hours too long, you might still lose. Aren't there just too many people or groups like Hedge Funds or others that get important information in advance, even with Reg. D? For instance, don't the ones who knew what a powerful analyst was going to say in advance about a stock (at least back when analyst ratings were more influential) have a huge advantage over the small guy who often bought too late? And even if one "buys into" the fact that the Market is too big to regulated effectively and some abuses will occur, is the small guy stupid to be a player? The Business Week article on "The Betrayed Investor" tells the story very effectively of many who had (and have lost) enough, and are leaving the markets. Pretty chilling stuff. Shouldn't this worry everyone, or is the BW article just a hype job and totally exaggerated? I don't think so and this is just the beginning now that the media senses that the public will buy what they are selling on this issue. And why shouldn't the public do so, if they are playing with their hard earned capital on an arena that is stacked against them. After all, 99%+ of people who invest, work all day and aren't as aware of how to play the game as some of us might be. Do those 99+% even have a fair chance?

To: LPS5 who wrote (80)	5/11/2002 3:22:11 PM
From: id	Read Replies (1) \| Respond to of 589

LPS5--hmmm, yet again. yes, it is true there will always be sore losers who cry foul. and there will always be parasites, scam artists and other disreputable types who will claim all their critics are merely sore losers. no doubt this thread will attract members of both those groups. perhaps it already has. BUT, that is not the PURPOSE of this board, only an unpreventable side effect. your attempt to devalue the thread by suggesting that any earnest contributor automatically belongs in the first category increases the odds that you yourself may belong in the second. id