Malkiel

Bloggers One-Up SEC

Cramer routinely points out fishy market action on his evening show and practically draws a map for how an interested regulator could find out who must be behind it based on buying/selling volumes--If they had the will to pursue these manipulations they would have no end to technically proficient market players who would help them trace the lines...

Clinton and Obama: Hedge Fund Killers

Do you have any reasoned arguments here, Hines, or are you just going to show how much of a brainwashed Reagan baby you are? This issue is strictly about hedge fund managers paying their fair share of personal taxes like anybody else, and none of them are going to stop doing what they do just because they have to pay a little more taxes on their outsized gains. As for government, government and the public sector serve the vital needs of the 95% of us who control only 5% of the wealth, who need everything from ambulances to paved roads, and is neither inherently bureaucratic nor inherently wasteful, especially at the local level. If you think corporate America is less "bureaucratic" and "wasteful" then you are truly brainwashed by ideology...

Considering Heely's and An UltraShort ETF As Buys Today

Today is not the day to be buying an ultrashort ETF; that would be chasing the horse after it's left the barn. Today you buy the ultralong ETF's, since you now have the market at a discount. For a reasonable insurance policy against the next big downturn buy your ultrashort shares when the market hits its next historic high after an upside run. Those shares will be guaranteed of a return on the next -400 point day sure to follow at some point thereafter...