[rgboomers]

" The best thing to do to reduce volatility is to find a way to make the markets more efficient. Adding a tax does the opposite. "

Okay, I see what you are saying. I am embarrassed to say that I have proposed a solution that makes the problem worse. Just like a liberal would! Please, forgive me.

Well, at least I listened to reason! Thanks, for the education. I have for a long time thought this tax was a good idea. Now, I don't.

Do you have any ideas on how to make the markets more efficient and reduce the volatility?

[tcostell]

Don't be embarassed, I can't tell you the number of "non-working" ideas I've come up with over the last 15 years. It's got to be in the hundreds. and besides, this is what I do for a living.

It's a good idea, it's just wrong. I'll take an analyst with a bunch of crazy ideas that don't work in a second over one with no ideas at all.

As to makeing the markets more efficienct, I've found that focusing on making a buck is about as much nobility as I can handle.