Msg. 35764 of 65535 (This msg. is a reply to
35758 by
clo)
Jump:
clo
...the folks trading every few minutes are not folks at all. They are computers. They make a lot of trades and generate a lot of commissions and doubtlessly get a "volume" discount. It's like taxes, the costs will ultimately fall on the heads of those who make enough to be taxed, but not enough to afford lobbyists, a legal and accounting team powerful enough to find or create loopholes.
Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!
No, the elephants would pay most of these.
You know, the folks trading every few minutes.
Buy & hold investors wouldn't feel it at all.
I think it might help the market become more stable, less like a slot machine.
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