apppro

Goldman's Blowout: Time to Play Financial ETFs Again?

Rather it's time to take these ETF's OFF the market! OK, a little extreme, but a great deal of the past year’s volatility maybe attributed to the manipulation of these ETF’s – especially at the close.
These ETF’s were supposed to mimic mutual funds, while giving investors convenient and liquid ways to get in and out of a ‘fund’ during the course of the day. Nice idea – bad execution! What they have done is allow some ingenious shorties to trade these ETF’s, especially the ‘Ultra’ ones to move a basket of stocks with the underlying reason of moving a specific stock. These ETF’s have created volatility that no one ever foresaw and they need to be amended.
Their performance really was meant to REFLECT the basket of stocks it included. Fine, but instead the stocks are moving because of the ETF. What would happen if we made the ETF’s pricing be determined by the underlying stocks BUT ON A 20 MINUTE DELAYED PRICING? Tail’s not wagging the dog now!
Also would get rid of the market on close manipulation, because last minute trading of the stocks would be eliminated totally. The Ultra ETF’s should ALL be eliminated totally – just no reason for that added margin.
AND, how can anyone justify the short ETF’s at all? Naked shorting made legal!!!

Don't Let the Banks Break You: Hedge Yourself with These 15 Option Strategies

Don't let these guys fool you either. Options may work, but not for 98% of us. Actually we're all suffering this added volitility just so a few option traders can make a couple of extra $.
Stop the insanity! Even as Warren Buffett said the other day:
"Make it simple!"

Stress Tests Confirm: Banking System Was Never Headed Over a Cliff

Econ 101,

A little drastic don't u think? I'm not advocating the overthrow of our entire system, just put back a few regulations and institute some common sense when it comes to stopping "The Shorting of America".
Hey, if you want to go back to the start we might as well go back to the guy who wanted compensation for inventing the wheel.


On May 10 05:03 PM Econ 101 wrote:

> apppro-
> You are on the right track, just dont go back far enough. It starts
> with congress and the community redevleopment act (seekingalpha.com/symbo...).
> The current show is just bread and circuses for the public. With
> a one party political system there is no way out of our plight. We
> must strike at the heart of the monster, the FED. It is at the heart
> of the conspirisy to bring down our Republic.
>
> We are ruled by an oloigarchy of banks led by the Fed. The current
> administration is trying to bring down that oloigarchy and install
> itself as a replacemrent. The people behind the administration are
> former SDS weathermen who have studied Mao for 30 years and are acting
> to CHANGE the republic.
>
> Oloigarchys are most often followed by dictatorships.

Stress Tests Confirm: Banking System Was Never Headed Over a Cliff

Basically what I've been screaming since the summer of '07 when all this started.
But again you missed the point of who and what caused all of this so-called crisis! The story still all goes back to:
1. Shorts lobbied SEC to get rid of Uptick Rule.
2. Shorts Lobbied FASB to institute M2M.
3. Shorts contrived disastor scenarios for the monolines and then the banks that would not or even could not ever happen.
4. AND, we ALL bought into it!!!!!!!!!!!!