On the Nature of Things | Forum

Zack Morris wrote:

Mr. Perfect wrote:Told you. If I've tried to teach you anything, it's elites at the highest levels often haven't' the foggiest idea of the subject matter in front of them.

A monument to colossal ignorance. You will pray for the deliverance of Jesus before long.

http://www.reuters.com/article/us-china ... SKCN0UT1OP

Blame, anger, frustration as China's stock rescue effort looks defeated

A Chinese government campaign to restore confidence in the country's volatile stock markets appeared to be in tatters on Friday as the benchmark Shanghai index wiped out all the gains made since the depths of last year's crash.

Among a flurry of measures, a so-called national team of institutional investors had promised last summer to buy and hold stocks on the index until it returned to 4,500 points - a level which at the time was considered in reach.

However, the Shanghai Composite Index .SSEC - the most closely watched by Chinese investors - fell through the lows seen during the depths of last year's crash and closed on Friday at 2,900 points - its weakest level since December 2014.

Irate retail stock investors crowded social media to gripe about Xiao Gang, the embattled head of the China Securities Regulatory Commission and threatened to sue state media for predicting a bull market revival rally that never happened.

"What hope is left in the stock market? Regulatory incompetence is creating starvation!" wrote one blogger posting as "Song Jiliang" on a microblog service.

"Ordinary people shouldn't pay the price."

The CSRC did not discuss Friday's stock market performance during a regularly scheduled press conference and it did not take questions from reporters.

Emailed requests for comment on the future of Xiao Gang - who faced internal criticism last year from the Communist Party over his handling of the stock market slump - were not answered. Calls to CSRC after business hours were also not answered.

More than $5 trillion has been wiped off the capitalization of the Shanghai and Shenzhen stock markets since they peaked in June 2015 - more than Japan's GDP.

It's amazing to be a teabagger, and be right about almost anything.

It's fun to revisit this more than a year later and realize that the Chinese experts were right after all. China's interventionist policies have staved off disaster once again. It's not surprising, really. Even Donald Trump agrees the Chinese leadership is much smarter than ours. So perhaps we should cut costs and outsource governance to the Chinese?

Using data on the activity of individual financial traders, researchers have devised a microscopic financial model that can explain macroscopic market trends.

Kiyoshi Kanazawa, from the Tokyo Institute of Technology, and co-workers analyzed five-days-worth of high-frequency trading between dollars and yen. They tracked the behavior of traders, both in their “bids” (buying price) and “asks” (selling price). The traders submit orders every few seconds, but a transaction only occurs when one trader’s ask price matches another’s bid price. Kanazawa et al. found that traders responded to each transaction by adjusting their bid/ask prices in accordance with changes in the market transaction price. They modeled this “trend following” and showed how it led to a Boltzmann-like equation for the overall price movement. This macroscopic equation could reproduce large-scale observations of the foreign exchange market.

Typhoon wrote:PRL | Financial Brownian Motion

Using data on the activity of individual financial traders, researchers have devised a microscopic financial model that can explain macroscopic market trends.

Kiyoshi Kanazawa, from the Tokyo Institute of Technology, and co-workers analyzed five-days-worth of high-frequency trading between dollars and yen. They tracked the behavior of traders, both in their “bids” (buying price) and “asks” (selling price). The traders submit orders every few seconds, but a transaction only occurs when one trader’s ask price matches another’s bid price. Kanazawa et al. found that traders responded to each transaction by adjusting their bid/ask prices in accordance with changes in the market transaction price. They modeled this “trend following” and showed how it led to a Boltzmann-like equation for the overall price movement. This macroscopic equation could reproduce large-scale observations of the foreign exchange market.

Mr. Perfect wrote:I don't think we need $100 commissions and 50 cent spreads anymore.

Mr. Perfect wrote:It's endlessly hilarious to watch a former Fleabagger trying in essence to become an insider trader.

It's almost like you could have predicted it.

Odds that Tinker will vote Trump next time?

Nonc Hilaire wrote:

Mr. Perfect wrote:I don't think we need $100 commissions and 50 cent spreads anymore.

$100 commission is fine by me if I get the certificate and the equity is registered in my name. The discount broker & 401k scams are only for those willing to surrender first rights of ownership to Cede, Inc.

If there is even an actual trade to begin with. I think most stock transactions are really just dollar equivalency shadow transactions and no shares really change hands.

Enki wrote:

Nonc Hilaire wrote:

Mr. Perfect wrote:I don't think we need $100 commissions and 50 cent spreads anymore.

$100 commission is fine by me if I get the certificate and the equity is registered in my name. The discount broker & 401k scams are only for those willing to surrender first rights of ownership to Cede, Inc.

If there is even an actual trade to begin with. I think most stock transactions are really just dollar equivalency shadow transactions and no shares really change hands.

Are you one of those people who believes there is such a thing as, 'real' money?

Nonc Hilaire wrote:

Mr. Perfect wrote:I don't think we need $100 commissions and 50 cent spreads anymore.

$100 commission is fine by me if I get the certificate and the equity is registered in my name. The discount broker & 401k scams are only for those willing to surrender first rights of ownership to Cede, Inc.

If there is even an actual trade to begin with. I think most stock transactions are really just dollar equivalency shadow transactions and no shares really change hands.

Mr. Perfect wrote:

Nonc Hilaire wrote:

Mr. Perfect wrote:I don't think we need $100 commissions and 50 cent spreads anymore.

$100 commission is fine by me if I get the certificate and the equity is registered in my name. The discount broker & 401k scams are only for those willing to surrender first rights of ownership to Cede, Inc.

If there is even an actual trade to begin with. I think most stock transactions are really just dollar equivalency shadow transactions and no shares really change hands.

I think you can call up your discount broker and they will mail you paper shares.

Enki wrote: Why would I vote for Trump? He is the worst of America.

I was NEVER anticapitalist.

I also have no inside information. It's all analysis of public data.

The core of OWS ideals are still 100% correct.

Enki wrote:

Mr. Perfect wrote:It's endlessly hilarious to watch a former Fleabagger trying in essence to become an insider trader.

It's almost like you could have predicted it.

Odds that Tinker will vote Trump next time?

Why would I vote for Trump? He is the worst of America.

I’m A Democrat, And The Left’s Russia Gaslighting Scares Me More Than Trump Does

I’m a Democrat, and it would be easier to accept my side’s version of unfolding events. It would certainly make my life easier when talking with my liberal friends. But facts are pesky things, and I’ve become increasingly aggravated by my own side. It seems the desire to win the 2016 election and Trump hatred has not only warped the Democratic political and media establishments, but exposed them for what they are.

Yes, Trump is intemperate, narcissistic, and the most unconventional president ever. But it appears that his opponents in our political and media establishments are far worse: they wanted to subvert democracy to save it from Trump; they wanted to thwart the will of Trump’s 63 million voters and not just undermine his presidency, but to concoct an investigation to impeach him and get him out of office.

Looked at this way, it appears that Trump’s election is vindicated for many reasons: There appears to be a deep state in this country comprising both Republicans and Democrats, which will not abide an outsider president.

Mr. Perfect wrote: You dislike record low black and hispanic unemployment that much? Hmm...

Depend on who you talk to. Lots of grey area.

Enki wrote: LOL two quarters of Trump fiscal policy did all that especially since the numbers were diving before October 1 eh?

True

Mr. Perfect wrote: Lol, still dodging as poorly as ever.

Why would a terrible person encourage good things for minority groups and pardon minorities left and right.

Miss_Faucie_Fishtits wrote:The concern that crypto currencies have with 'double spending' justifies the blockchain transaction log, I get that. But the double spending that concerns me is the double entry book keeping that drives inflation through funding by deficit. Borrowing against the future to pay the present. My question is; is running the printing press possible with crypto currency, not that it's allowed because the number of currency units is fixed, but that fraudsters can hack into the top end and counterfeit more coinz? For example, maybe they don't assail an already established currency directly, but through a link with an ancillary currency that they dicker with.........

Enki wrote:[
Sure, pointing out that your facts are 'alternate' is dodging. To dodge something, the object being thrown has to exist.

Umm what?

Mr. Perfect wrote: The facts are minorities are doing better under Trump than obama, and is part of the reason why he polling so much better among them these days.

Now, this is only a punch if you are in a contest to win elections. If you are happy to keep losing elections then of course it would not be a punch.

Enki wrote: The facts are sustained job growth occurred for 6 straight years beginning in 2012.

But this year's economy is great. I will say Trump's economy so far doesn't suck. THANKS OBAMA!

I always lose elections. I'm a Progressive.