pic by J Garrettley

Just when you think it is safe to start investing again, there are more surprises.  The Feds agreed with banks to withhold from people who have borrowed money under Tarp, or how one ranked under the Stress tests.  It took a court order to release some of the information.  Now there is another way to beat the small organization or individual investor with high-frequency trading.  It is a technique where lots of trades are executed and canceled in seconds to get a pulse of what is going on in the market to find the best deals and make money.  First, I would ask how many organizations or individuals have the ability to execute and cancel trades in seconds.  Second,  the argument that it makes a more efficient market, I find false since it makes money for a chosen few.  The financial markets need to be open and transparent at all times to be trustworthy.  If the market place can not be regulated appropriately then just maybe it is time to stop certain functions from occurring.  It might be radical for some but it is better than having others make money on the small businesses and individuals.

I guess it is time organizations and individuals create their own heroes to look out for their interest.  I nominate Mickey!!!