- Search Metals Mine
- fierceman commented Aug 12, 2011
Aaron, I believe that the efficiency of price discovery is highly correlated with liquidity. Illiquid markets are much more susceptible to big, violent moves, so I would say that the ban is counterproductive to its stated purpose, particularly so if ...
Europe Considers Ban on Short Selling
- fierceman commented Aug 12, 2011
Evidence gathered from the FSA's restrictions in 2008 show that the ban resulted in higher spreads, deterioration of liquidity and lower trading volume.
Europe Considers Ban on Short Selling
- fierceman commented Aug 11, 2011
If you can buy, but can't sell, then you have no one to buy from, so if they plan on banning all selling, then just close the exchange and go home. What the intention is supposed to be is that the ban on short selling will eliminate us evil short ...
Europe Considers Ban on Short Selling
- fierceman commented Aug 11, 2011
If no one is allowed to sell what they own, then there is no market. What they want to ban is traders arranging to borrow a stock so that they can then sell it at price X and then buy it back at price Y where X > Y and pocketing the profit from the ...
Europe Considers Ban on Short Selling
- fierceman commented Aug 11, 2011
Jolly, they are not banning selling, they are considering banning only short selling. If you own it, you can still sell it. I believe naked short selling is already banned in many European jurisdictions, including Spain and Italy.
Europe Considers Ban on Short Selling
- fierceman commented Aug 10, 2011
clockwork, I think they were seen leaving Sydney Harbour with AUD notes hanging out of their trouser pockets.
China seen buying AUD
- fierceman commented Aug 10, 2011
Maybe it is the Chinese and they just want to make it look like someone is making it look like it was them.
Hacker Triggers Halt on Hong Kong Exchange
- fierceman commented Aug 6, 2011
Subdude, I think an apology to Yohay is in order.
Rumor: S&P Will Downgrade US Credit Rating After Markets Close
- fierceman commented Aug 5, 2011
Dude, the title pretty clearly says "RUMOR". Chill.
Rumor: S&P Will Downgrade US Credit Rating After Markets Close
- fierceman commented Jul 28, 2011
Good info. This confirms my suspicions.
Deutsche Bank Running Away From Spain
- fierceman commented Jul 28, 2011
Chi, I will try and not take your insults personally. I know how the anonymity of the internet can easily bring out aggressiveness in people (though I try to avoid it, I admit it does happen to me as well). To comment on your 3 posts: 1. I outlined ...
EUR dips on Schaeuble comments
- fierceman commented Jul 28, 2011
JR, I think you misinterpret what I am saying. My beef was with the TA vs. FA crowd underestimating the value of the type of analysis that they disapprove of. I am not saying that an SMA is not technical in nature - I am saying that an SMA, on its ...
EUR dips on Schaeuble comments
- fierceman commented Jul 28, 2011
Agreed. Corruption in any office that is not directly accountable to the public is even worse than in those that are directly accountable. As a bonus, you may be interested in reading about FDR's "court packing" scheme.
Donald Trump Finally Weighs In On Debt Ceiling Debate
- fierceman commented Jul 28, 2011
Thanks for offering your help, but I'm not entirely sure what you're getting at... Are you saying that reading Bloomberg news constitutes fundamental analysis?
EUR dips on Schaeuble comments
- fierceman commented Jul 27, 2011
I thought the judicial branch was there to ensure that the Constitution doesn't by chance get interpreted in the way that it was meant to be interpreted.
Donald Trump Finally Weighs In On Debt Ceiling Debate
- fierceman commented Jul 27, 2011
Reading Bloomberg news is NOT fundamental analysis, much like slapping a 100 period SMA onto a chart is NOT technical analysis, so people, please stop with the ridiculous arguments.
EUR dips on Schaeuble comments
- fierceman commented Jul 21, 2011
No need to squeal... Not that many people have said negative things about Malaysia, other than stating that it's a poor country, and that a $5 billion boat is likely to be the target of pirates there (which is likely in many parts of the world). ...
A Malaysian Businessman Just Spent $4.8 Billion On A Yacht Made Of Solid Gold
- fierceman commented Jul 20, 2011
As far as I know, Malaysian waters are pretty dangerous in terms of piracy (although he may not actually be bringing the boat to Malaysia). T-Rex bones? With that money you could probably have a real T-Rex cloned. Not sure what you'd do with it ...
A Malaysian Businessman Just Spent $4.8 Billion On A Yacht Made Of Solid Gold