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Many of us are all in the stock markets whether we realize it or not.. From defined pension plans to 401-K's and IRA's.. to saving for our kids to go to college in college plans.. its all in the markets.
Now I will be the first to admit.. I have some knowledge, and that in an of itself can be a dangerous thing.
So let me set this up.. Yesterday, I was listening to some economic talking heads rattle on about last weeks 1,000 point drop.
One thing I did not realize, is that over 60 to 70 percent of all trades are now automated.. that is huge.
So the stock market really is a gamblers paradise with a few throwing the dice and using our money to make the throw.
One of the commentators brought up something that is being tossed about that I had never heard before, and my first inclination was HECK YES.. lets do that.. but it may not be feasible.. so here it is ..
Could we have a 2 tiered stock market.. one for long term investors in companies (where most of us think we are, but aren't)
And a mirror market for those who want to use high automated trades to jump in and out of companies as many times as they want in a day?
Would it even be a feasible thing?
It sounds good on one level, but totally inoperable on another..
Does anyone have any insight into something like this?
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