{quote} Hey Tom, No problems, my complaint was not about me or even this thread.Was about ff in general and how quality posts get drowned out by nonsense and chest beating. (Wasn't here) Still drives me crazy
as I saw some good ideas/charts posted and no one really said anything, then couple of wingnuts get together and away we go.....
Guess I left it open to interpretation and.....Oh well, should have been more clear, but hey, I am on vacation and been partying a bit....
No matter if you trade currencies or apples. It has to be simplified in order to work for so many people. It is oversimplified now, and the result of this simplification is oligopolization of system and crooks at the power. ...
.If mankind wants to achieve some goal, is better to unite. But in order to unite for one idea, each and every unit has to let go parts of his own ideas. They need to compromise in order for all of them to work on the same project. The bigger the system (wants to address more followers) the more original idea is simplified and the more of your individuality has to go. Once the idea is oversimplified, system tends to get oligopolized and later monopolized, ... ... Everyone can trade stocks of companies hes never heard of leveraged 100:1...
edit: We can also continue about oversimplification looking at fund managers beeing paid based on market benchmark. Market benchmark is another disease. They dont need to profit, they need to stay +- @ set benchmark. In essence...they all do the same..follwing same trajectory. Also we can add rating agencies. They used to do internal audit in each and every stock listed company. Do they now? Nope, they dont...they are using computer based methods evaluating companies (RoA, RoE, etc) and banks/hedge funds trade based on these very simple analysis. Simple, simple, everyone can trade, resulting in global fuckups.
"I know one thing, that I know nothing." Sokrates
Don't worry B, it is still friendly place, back on rails now I think.
Gartley and ad cd there too
Back to 1.27....
