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Reply #30: Sounds good to me n/t [View All]

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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-29-11 02:54 AM
Response to Reply #19
30. Sounds good to me n/t
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  -70% of stocks traded are held for an average of 11 seconds spinbaby  Jun-28-11 03:51 PM   #0 
  - ^ This.  Poll_Blind   Jun-28-11 03:52 PM   #1 
  - Tax every transaction that is held less than a year.  postulater   Jun-28-11 03:53 PM   #2 
  - As an accountant, I couldn't agree more,,,,  WCGreen   Jun-28-11 04:00 PM   #5 
  - As an accountant, you should remember that several years ago  doc03   Jun-28-11 04:54 PM   #10 
     - that would be more of an investment professional than an accountant  WCGreen   Jun-28-11 05:03 PM   #13 
     - As a very small investor  customerserviceguy   Jun-28-11 06:20 PM   #19 
        - I think the idea floated around  Johonny   Jun-28-11 06:36 PM   #20 
        - Exactly, I think the Congressman that is pushing the idea only  doc03   Jun-28-11 06:46 PM   #24 
        - If you are a small investor that doesn't speculate  doc03   Jun-28-11 06:42 PM   #22 
        - I usually only try to invest $50-$100 at a time  customerserviceguy   Jun-29-11 06:19 AM   #36 
        - Sounds good to me n/t  eridani   Jun-29-11 02:54 AM   #30 
  - Proposed "Tobin Tax" Democrats and AFL-CIO proposed this and oil based derivative tax.  KittyWampus   Jun-28-11 05:08 PM   #15 
  - Should be illegal  AngryAmish   Jun-28-11 03:54 PM   #3 
  - they need to put a transaction tax on each share traded  NightWatcher   Jun-28-11 03:55 PM   #4 
  - Agree with the transaction tax. Index it to max out at 90% for less than 30 days.  bluerum   Jun-28-11 04:01 PM   #6 
  - Ever hear of those 'motivational seminars' with  louis-t   Jun-28-11 04:16 PM   #7 
  - Yep!!! n/t  RKP5637   Jun-28-11 04:29 PM   #9 
     - I've tried to estimate the numbers.  louis-t   Jun-29-11 03:13 PM   #44 
  - So much for the old school of investing in companies. All we have today is  RKP5637   Jun-28-11 04:27 PM   #8 
  - I'm not sure that that's a bad thing.  LoZoccolo   Jun-28-11 05:01 PM   #11 
  - It should also create a more irrational market.  Telly Savalas   Jun-30-11 12:02 AM   #47 
  - How can a society be stable over time with that amount of volatility in its life blood?  KittyWampus   Jun-28-11 05:02 PM   #12 
  - transaction fee and mandatory "minimum hold time" for commodities  SoCalDem   Jun-28-11 05:03 PM   #14 
  - Also, tax oil based derivatives. See link:  KittyWampus   Jun-28-11 05:09 PM   #16 
  - or maybe not. maybe they're held for several months on average  onenote   Jun-28-11 05:10 PM   #17 
  - This can be easily shown to be complete BS  strawberryfield   Jun-28-11 06:16 PM   #18 
  - You're Looking in The Wrong Places  ProfessorGAC   Jun-28-11 06:45 PM   #23 
     - The article said 70% of the volume on our stock exchanges  strawberryfield   Jun-28-11 07:35 PM   #25 
  - Um. That's How I Make My Money  ProfessorGAC   Jun-28-11 06:40 PM   #21 
  - "The system is what the system is", " I don't make the rules"  Heywood J   Jun-28-11 08:07 PM   #26 
  - Sorry, That Doesn't Make Sense To Me  ProfessorGAC   Jun-29-11 05:10 AM   #32 
  - I highly doubt you're doing proper HFT out of your basement. Scalping, maybe n/t  AlabamaLibrul   Jun-28-11 08:38 PM   #27 
  - Doubt Whatever You Wish  ProfessorGAC   Jun-29-11 05:12 AM   #33 
  - One major difference is that you don't have enough purchasing power to effect price much.  JVS   Jun-29-11 05:36 AM   #35 
  - I Did Say That  ProfessorGAC   Jun-29-11 08:33 AM   #40 
  - Well good for you. We all wish for a perpetual money machine. However...  JackRiddler   Jun-30-11 12:13 AM   #48 
  - I don't see how this "scams money off the rest of us"  cbdo2007   Jun-28-11 09:58 PM   #28 
  - They're frontrunning.  girl gone mad   Jun-29-11 05:32 AM   #34 
  - It doesn't just make it a "scam"  jmowreader   Jun-29-11 11:29 PM   #46 
  - Where does the money come from?  quaker bill   Jun-29-11 06:36 AM   #38 
     - The result will be the same for the long term investor though.  cbdo2007   Jun-29-11 08:58 AM   #41 
        - Not really  quaker bill   Jun-30-11 08:49 PM   #49 
  - When will the masses catch on?  donheld   Jun-28-11 10:49 PM   #29 
  - I just sent a letter to the White House  jmowreader   Jun-29-11 03:23 AM   #31 
  - He just had a $35,000 per plate dinner with those guys this week.  Fuddnik   Jun-29-11 06:28 AM   #37 
  - many of these stock are being sold to fulfill options.  mopinko   Jun-29-11 08:25 AM   #39 
  - UK has a 0.5% stock purchase tax; HFT accounts for up to 60% of US trading,  muriel_volestrangler   Jun-29-11 09:12 AM   #42 
  - And t.p.t.b. are trying to turn market oversight over to FINRA.  snot   Jun-29-11 09:29 AM   #43 
  - I think it was in the video with the nurses picketing wall street  zalinda   Jun-29-11 03:26 PM   #45 

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