The investment..speculation, out right gambling thread

<p>and women traders have been touted as being better than men - I guess not all of them.</p>

<p>Surprising how resilient the market looks this AM…not saying there should be a significant decline, but nearly flat on the open???</p>

<p>Jamie Dimon is NOT the smart guy many people have branded him as…During the financial meltdown he was the go to,safe guy, a leader with an impeccable business…When the WSJ broke the story last month, he said it wasn’t a big deal…another liar,no different then the rest of these alleged smart bankers…</p>

<p>Being a liar doesn’t necessarily imply not being smart, he’s a smart liar. If I wasn’t at work, I’d be buying some tech at the open like aapl which is down over 7 in the premarket, but I’ll have to wait until lunchtime to see how things are.</p>

<p>Smart liar, good description…he was christened as the smart banker, who could do NO wrong…JPM was the firm others should aspire to be,however, JPM is no different …</p>

<p>Market is not acting too bad…I don’t see how this JPM problem builds investor confidence.</p>

<p>who’s winning on the trade that jpm is losing?</p>

<p>I think it was mentioned in one of the articles that hedge funds were on the other side of the bad trades…</p>

<p>My silver trade looks bad. :(</p>

<p>Definitely more fun when a trade starts out profitably.</p>

<p>I had such plans today…but stocks moved up when I was hoping they would move down.</p>

<p>looks like may have already missed that aapl trade</p>

<p>The way the market has moved over last few days, the opening hour or two is a contrary indicator for the rest of day movement</p>

<p>I don’t really expect Jamie Dimon to be aware of all the risk his company is taking…but…an interesting article.</p>

<p>[What</a> Jamie Dimon Doesn?t Know Is Plain Scary - Bloomberg](<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?)</p>

<p>I used to buy the liquidity argument…</p>

<p>More liquidity…less cost of investing…</p>

<p>And I am sure some of that is true…</p>

<p>But…really…with the lack of public participation in the markets…</p>

<p>The liquidity argument doesn’t resonate as much…</p>

<p>Now liquidity providers…gamblers…are providing liquidity…to other gamblers.</p>

<p>I see one of the reasons that things shouldn’t change is that firms like JPM are providing liquidity…</p>

<p>So what? </p>

<p>We need more bookies?</p>

<p>CIO sat on the Operating Committee… JD could have asked more about it. He gambled, too, when he decided to give her dept more money.
Bring back Glass-Steagall! These “banks” have turned into casinos…</p>

<p>Yep…Glass-Steagall worked for decades.</p>

<p>It violated the 'Dimon Principle" so Jamie declares,lol…i am of the opinion this gets worse before it gets better…</p>

<p>Yeah…the Dimon Principle… lol.</p>

<p>It says something that HEDGE FUNDS were on the other side of the trade!
Fire em all and let them set up another hedge fund…</p>

<p>:)…</p>