Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rrufff who wrote (582)	12/7/2003 10:45:43 AM
From: Dan Duchardt	Read Replies (2) \| Respond to of 589

I've not thought carefully enough about each point you make to agree or disagree, but I think you are on the right track. Time will tell, but I tend ot think of recent market action as just a new phase of the same plan launched several years ago to scrape the wealth of the masses into a smaller number of bigger pockets. Whether that plan involves manipulation or just a clever assault is for others to decide. The regulatory powers seem to respond to questionable activity by requiring disclosure. We already know there are conflicts of interest within the big firms that have been fined for the appearance of wrongdoing. I don't need them to add a few lines on their reports to tell me that. The one thing they ought to have to disclose that they do not, is their equity stake in the companies whose stocks they buy and sell. IMHO, ownership of publicly traded companies should be a matter of public record. With current technology, any position, long or short, in excess of say 1% (or some other reasonable number) could be made available at least as of settlement date, if not trade date. It's difficult to lie when people can see what you do instead of what you say.