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Old 06-12-2008, 04:38 AM  
bhutocracy
Not making A Comeback
 
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Join Date: Dec 2001
Posts: 10,218
Quote:
Originally Posted by marketsmart View Post
thats bullshit.. its spinning of the numbers.. yes 43% or so is little guy investment accounts, but the other 57% is made up of profiteers (large institutions/speculators)..
So? Whats the difference between a speculator dumping 50k on a stock and Average Joe dumping 1k through his fund? Why aren't they both entitled to the profits of their investment? Thats like saying because a property developer builds a 10 million dollar bunch of apartments you should take away the ability of Average Joe to sell his house for a profit, it makes no sense other than saying people who invest wisely should be punished because normal people are too stupid to deal with reality.
It's not the people that are buying shares in oil companies that are putting the price of gas up, thats arse about face. The sp of oil companies goes up when the price of oil goes up... no amount of buying shares will move the POO.

Last edited by bhutocracy; 06-12-2008 at 04:40 AM..
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