This guy can only talk without any concrete constructive steps - now people are tired of his talk and wish him gone. Two years, his damages are even more than the Bush administration. The future generations will suffer from the mistakes of these two prez - the worst prez ever.
Cramer means, of course, the Securities and Exchange Commission, which he thinks does little these days to protect retail investors. Since the most recent Bush administration took over, the SEC has repealed the uptick rule, approved double- and triple-levered exchange-traded funds and allowed high-frequency trading, all of which have made it harder for “the little guy” to buy and sell stocks. And President Obama has done little to roll back the damage, Cramer said.
Don’t expect any help from the exchanges either, whether Nasdaq or NYSE Euronext [NYX 35.44 0.04 (+0.11%) ]. It’s in their interest to allow hedge funds to make tons of fast trades because that’s how the exchanges make their money. There was a time when the Naz and NYSE were nonprofit, mutualized organizations that could police themselves, but those days are gone. Now their goal is making money, which is fine, but retail investors need to keep this in mind.
回复 4#not4weak
周五虽然大盘涨回了不少,不过,感觉大盘并不太妙,下周ER开始后看吧,有可能sell on news. 不过,看到一个传闻,不知道是不是真的,说美国准备下调海外公司海外利润的税, 30%->5%,如果是真的,这可是牛牛的一个重磅炸弹,不亚于QE2,大盘还会疯狂的。 I sold all my ES positions at market close which I bought at Friday morning.
nder the bill introduced by Rep. Kevin Brady, R-Texas, the federal income tax owed on returning profits would fall from 35 percent to 5.25 percent for one year.