grinninbrit

Uptick Rule: Correlation Does Not Imply Causation

Kirby,

You want to be an "investor" and not a "casino player." Sounds admirable but I hope you realize that it would take more years than any of us have left to make the US Stock market "pure investment". You don't start with some silly short regulations. You simply start and/or scale in removal of all margin (for purposes of short and long), outlaw hedge funds (that play games with "investor" greed on the upside just as much as "investor" fear on the downside.), outlaw any FDIC insured bank from in any way being tied to a business that buys/sells/owns securities. Brokers still exist but they can't loan out for shorting shares bought on margin to other players that want to long stocks on margin. Again, stocks bought long on margin have created the casino in as great a way also. Guess what the market for the "investor" would look like if we start unwinding all margin, either in one fell swoop or over 10 long painful years ? Your dreaming if you think you have ever been or ever will be an "investor" and not a "casino player"