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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (34734)	8/1/2010 5:10:44 PM
From: Win-Lose-Draw	Respond to of 46821

My feeling is that markets have never been more like actual markets. The difference between a modern retail trader and the fastest automated algo house is so much smaller an inconsequential relative to what, say, Jesse Livermore could do in 1912 relative to a bucket shop trader in, say Des Moines. IMO a large source of frustration is from people who have gotten the idea (with industry & gov't help) that markets are for investing, when in reality they have never been about anything but speculating. What HFT does is expose this in a way that is pretty much indisuputable, and it can be a challenge to accept things for what they are. All IMO, etc.