Re: High Speed Traders ... fixing the market.
As a finance major I spent the majority of my time college diving into the stock market, forex, and other investment markets.
As far as "investing" goes I believe there is money to be made. You just have to be able to be good at picking winners. There is nothing "rigged" with WLMT, SBUX, MSFT, etc. They are few and far between but everyone would be rich if they weren't. It takes time and hours of dedication doing financial analysis and making decisions.
As far as "trading" goes, I believe this is a blind luck/gamble way of using the stock market. I don't see how people can use technical analysis as a means of an investment strategy, that doesn't take into account economic sociology factors.
I enjoyed the piece on 60 minutes last night and was very intrigued in how they figured out "how the market works". I think that guy is going to make himself a pretty penny!
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