BenzWorld Senior Member
Date registered: Sep 2008
Mentioned: 0 Post(s)
Quoted: 9 Post(s)
I have heard many times that the market's biggest fear is the unknown. It doesn't care if the market is good because it can be traded. If that market is bad that is also a direction. But the unknown is something like playing roulette with your account.
Right now the biggest unknown factor out there are hedge funds. They say they want to keep their strategies a secret or else they won't work any more. But what is good for them is most likely bad for the poor investor not in the fund. And so the rich get richer and the poor get poorer. It's time for transparency.
It is true many have lost money this year. But you can bet someone else made that money. It's a dog eat dog world. The need for transparency becomes more important. As trading volume dries up it doesn't take much to make markets move. Hedge funds have a lot of money and they can influence price movement especially in individual securities. One big fund can eat up a bunch of little ones or a few little ones can work together and eat up a big one.
When devils will the blackest sins put on, they do suggest, at first with heavenly shows - Othello