Posted:
#326
Boiler,
I said I wasnt going to talk more..so this is the last one for tonite.
Clinton was in office 8 yrs and only the last 2-3 were good for the market. The SPX hung around until late 98, then took off. The markets exploded because of the internet expansion and technology in the lat 90s. Also there were no margin rules until after 2001 as we both know..and that is why the NAZ went to 5k. The retail action was CRAZY..I was on a retail trading desk and it was insane with the internet/optic revolution and it was fueled by low float and retail chasing. Then they came in and restricted day trading and that killed us for 2-3 yrs, then hedgies started getting huge money with the real estate boom and the currency deflation and cheap money and loose margin rules for hedgies.
If hedgies get properly regulated and margin restricted, we are going down bro...down down down..and we should. Hedgies get away with murder and I love how the uptick rule for shorting has gone bye bye..lovely, just pathetic.
Ok..see you fellas another time.
I said I wasnt going to talk more..so this is the last one for tonite.
Clinton was in office 8 yrs and only the last 2-3 were good for the market. The SPX hung around until late 98, then took off. The markets exploded because of the internet expansion and technology in the lat 90s. Also there were no margin rules until after 2001 as we both know..and that is why the NAZ went to 5k. The retail action was CRAZY..I was on a retail trading desk and it was insane with the internet/optic revolution and it was fueled by low float and retail chasing. Then they came in and restricted day trading and that killed us for 2-3 yrs, then hedgies started getting huge money with the real estate boom and the currency deflation and cheap money and loose margin rules for hedgies.
If hedgies get properly regulated and margin restricted, we are going down bro...down down down..and we should. Hedgies get away with murder and I love how the uptick rule for shorting has gone bye bye..lovely, just pathetic.
Ok..see you fellas another time.
0
To all the haters.
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