Well, since this is a trading BBS, I want to raise some question related to trading and the current happenings. Big investment banks will vanish from now on, ( or will they ?), will this fact affect the trading activity around the world ? Will it change the structure of the market and hence the characteristic of the market movement ?
Ooooh maybe now people like me trading £1 t £3 tick on oil may actually be able to move the maket if all the big guys go bankrupt!
Yes I think it will, but so will the greater regulation, plus all those ex-wankers sorry bankers will try to trade for a living got too love free money.
I can assure you the smartest department heads of the fallen IB's will be starting boutique shops over the next two years.
No more short squeeze, just a plan old boring market. Sideways for year and years. Had the goverment let the market sort this out we would have had a big fall in the stock indexes. We would have had a recession for sure, but thats ok. People would have been able to buy stock very cheep, but now were just going to muddle along for decades.