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Looto
I remember a few years back, the state Lotto was over $100 million. An investor firm wanted to buy one ticket for every number (at the time, about 20 million numbers). They went to the state and asked to purchase the 20 million tickets. The state came back and said "Go right ahead, you can buy them at any retail lottery location!".

Maybe this is the model to use for this day/automated trader crisis. Lets ELIMINATE the automated trading! Stock markets are for traders - PEOPLE traders. If you want to catch that quarter point drop, then YOU HAD BETTER BE AWAKE! I would FORCE traders to confirm trades with biometrics/passwords. You can MAKE the trade, but it won't commit until a human confirms.

This should help. Even if the human rubber stamps everything, eventually he would be held accountable for a disastrous trade. After that, he would think about them just a bit more . . .
Posted by: Roger Ramjet   Posted on: 05/27/08 You are currently: a Guest | Members login | Terms of Use
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Looto  Roger Ramjet | 05/27/08
Long Term Valuation  Erik Engbrecht | 05/27/08
Good post. mostly. Why stocks increase/decrease in price.  Anton Philidor | 05/27/08
Gaining control of the narrative  Anton Philidor | 05/27/08
Over-estimating cash hordes.  Anton Philidor | 05/27/08
That's not what I said  murph_z ZDNet Moderator | 05/27/08
If the shares "bounce back" ...  Anton Philidor | 05/27/08
RE: Market disconnects  jcawley | 05/27/08
How about some astrology Murph?  tonymcs@... | 05/27/08
It's the B-school bozos... again  Professor8 | 06/25/08

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