Zeev's Turnips Patch-No Politics (ZEEV)

[jbennett53]

Zeev, While I agree with you I can sympathise with Limtex. You mention shorting on upticks. That's the way it's supposed to work but in reality I don't think that is adhered to on a proper basis. One problem I have with the major shorts is rumor spreading and unscrupulous "news" purveyors. This can apply to longs but most recently the shorts have held the spotlight. We all know it happens, millions are made and sometimes decent little companies can really be hurt but no one is arrested. At the risk of opening a can of worms I believe that SS will be in a state of total collapse in the not distant future. Part of the reform would be a small tax on short term trading profits. I know you don't agree but I feel that the markets should shift, at least a little, back to their original purpose and short term trading doesn't fit.