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

To: Jorj X Mckie who wrote (478)	6/26/2002 4:26:29 PM
From: Dave Gore	Read Replies (1) \| Respond to of 589

Do you even consider it manipulation?

To: Jorj X Mckie who wrote (478)	6/26/2002 4:38:48 PM
From: Mark Davis	Read Replies (1) \| Respond to of 589

The answer is ...........BOTH. All markets are manipulated, always were, always will be. If you can't figure out the game, you will be toasted.

To: Jorj X Mckie who wrote (478)	6/29/2002 5:49:53 PM
From: Dave Gore	Read Replies (1) \| Respond to of 589

Short Trading Info ---- Make It Available To All Reposted from the Gore thread: To:Dave Gore who started this subject From: The Vet Saturday, Jun 29, 2002 8:07 AM View Replies (2) \| Respond to of 9051 OK, it seems that everyone on SI would like short trading information to be made available to all market participants real time and so level the playing field. It seems a good candidate for high level intervention so "go to it" all you US voters "Write your Congressman"! It's not good enough for us to complain simply because we lost. We must show that the present situation is being exploited by the powerful to rob the weaker market participants. Actually it would go a long way to stopping the day trading and hedge fund abuses as well as most of the selling raids on stops are done with shorted stock, not with real stock being sold. Don't tell me that the uptick rule prevents this. The short traders get around it and ignore all the time and at the present time there is no way that we can even see that they are cheating. The exchanges can't say that it is impossible or impracticable or the data is not readily available, because if they do they are admitting they they cannot detect, or are not checking for, rule violations in respect to shorted stock. If we could see in real time what was happening we, as small traders, would have the option either to fight or simply drop out of rigged game. Personally I abhor restrictive rules which prevent activities or restrict trading. They always end up with unintended consequences. Imagine a situation where day trading was banned and you were not allowed to buy and sell a stock in the same day. The sharks in the market would suck you in with great looking action in the morning and then rob you in the afternoon knowing you were locked in and couldn't sell, while they fiddled with multiple accounts and friendly MMs. I prefer a completely open environment where all market participants can see the same information at the same time and then we can all make our decisions and go in or stay out accordingly.