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27 Comments
- foolfromhell, on 10/12/2007, -0/+15Dude. ALL your comments are spam.
Leave Digg and never come back.
For those of you who think my comment is false, check his comment logs. - jsdratm, on 10/12/2007, -2/+14He must have been a n00b. What does your comment have to do with the globalization of the NYSE anyways?
- apollyon, on 10/12/2007, -1/+9I would totally disagree with that statement, anicejew. With a Diversified portfolio heavy in mutual funds, and with half a brain to watch your portfolio grow, the stock market is an easy place to make a lot of money.
Good luck getting ready for your retirement, because you're probably gonna need it. - pcgeek101, on 10/12/2007, -2/+8It's not gambling, unless you make it gambling. Learn something about technical and fundamental analysis of equities, and then correct your comment. There's also much larger topics dealing with the rise and fall of certain industries. Just because you've heard stories of people making and losing millions of dollars, does not mean it's gambling.
- mocheeze, on 10/12/2007, -2/+7I think this would be really cool if they merged. It's just another step in having a truly unified global economy, which just gets us more tangled up with each other to the point that it becomes much harder to have major wars against one another. This is the kind of stuff that you read about in science fiction books, where the people of Earth become more united (every bit helps) and can put the focus on more important things (like fighting disease and poverty, scientific exploration, etc). I might sound like a dribbling, idealistic buffoon right now, but it's still cool (IMHO) to see our economy becoming more and more wrapped up with other countries. It helps diversify our business relationships so that we can get the best deals, no matter what country the business is in.
Not that all that stuff could just happen because of the NYSE "going global". Still cool to think about. - ViceVirtue, on 10/12/2007, -2/+6its not really the same as a global stockmarket (the NYSE buying a european one) unless they somehow merge the markets (unlikely) they will still funciton the same way they do now, just that they will have the same owner....
not really an accurate title/contention. - senseigmg, on 10/12/2007, -1/+5It'll happen soon enough. NASDAQ is in talks to merge with the London Stock Exchange. Hong Kong is next. Futures contracts are already traded globally through the CME's GLOBEX.
http://en.wikipedia.org/wiki/Globex - Seidoger, on 10/12/2007, -2/+4Is that buyout supposed to be a good thing?
Sure looks scary.. Maybe it'll help the US$ to stop declining (well or stop all the other currencies from rising..) - jaguaracer, on 10/12/2007, -0/+2Quite true VV. Two companies, one owner (actually thousands since both the Euronext and the NYSE are publicly-traded companies). In the future they may unite back-end systems and applications but that is, in no way, a merging of the markets - just cutting uniting efforts spent on technologies.
Do you (rhetorical question not directed at you VV) realize the corporate compliance, regulatory and tax issues with merging two stock markets? It will be a very long time before we have that type of convergence.
"Futures contracts are already traded globally through the CME's GLOBEX." What does this mean? Nothing. GLOBEX is CME's electronic trading application, meaning it is 100% US-owned (don't let the letters GLOBE fool you) and is just a way of accessing the market via a computer network instead of pit-trading. - fuzzball963, on 10/12/2007, -0/+2I'm really confused. Does this mean the stock exchanges in all these countries will merge so that you only have one listing for MSFT and GOOG for all six countries? It'd make sense but what about the differences in currency betweeen the US dollar and the euro and all that?
Economists out there? anyone :)? - Zique, on 10/12/2007, -0/+1Are you saying Warren Buffett made his billions playing roulette?
- Toast1185, on 10/12/2007, -0/+1You hit a bull market and all of the sudden everyone forgets how difficult it can be to make money in the market. Granted in the long term, just about any investment will appreciate, but in the short term it can be tough. There are times, unlike right now, where the market isn't always so rosy and an upswing is hard to find. That is the same mentality everybody had in the late 90's when they were jumping ship on their careers to be stock brokers. There are real risks involved and it takes real work to make money in the stock market.
- inactive, on 10/12/2007, -0/+1Does this mean id be able to by some euro stocks just as easily as US ones?
- Dokterdok, on 10/12/2007, -0/+1The NYSE, Euronext, etc, are companies just like any other. Therefore, they obey to the same rules as any other company out there on the market.
The catch is that these billion dollar deals will most likely increase taxes and transaction fees for the financial institutions that use their stock exchange services. - BigSlacker, on 10/12/2007, -0/+0Which is course is a 100% unrelated subject. It's like there's little keyword repeater robots everywhere.
- Illuminati, on 10/12/2007, -0/+0ooooooh yea baby!
I'm making so much money on this stock its crazy!
Jump on while you still can, it's due to hit 250$ in the next year. - Murdats, on 10/12/2007, -3/+3lol at anicejew
how does him saying "Im an "Alien" with "no connections to the US"" mean the same thing as saying
that he is an illegal immigrant
did you even read that comment you referenced
he says he ISNT middle eastern but says
"Also, a LOT of people mistake me as a middle-eastern"
so maybe you should actually read the posts that you are trying to use to aggrevate people - jsdratm, on 10/12/2007, -3/+2"Something either very bad or very good will come out of this....I don't know how to react to this news. :/"
Maybe you should react by not posting the same thing twice in the commentary - bengarland, on 10/12/2007, -1/+0Somebody has been drinking a little bit too much globalism kool-aid!
- senseigmg, on 10/12/2007, -2/+1He's earned a block.
- inactive, on 10/12/2007, -1/+0I would totally disagree with that statement, anicejew. With a Diversified portfolio heavy in mutual funds, and with half a brain to watch your portfolio grow, the stock market is an easy place to make a lot of money.
http://www.silveradoboysranch.com/ - inactive, on 10/12/2007, -5/+1Something either very bad or very good will come out of this by the time I am 40.
- inactive, on 10/12/2007, -11/+5@afoolfromhell
So they should check MY comment history? Looking at YOUR comment history, it is clear you are middle eastern and you have made subtle anti-semitic comments on here before. People can decide for themselves, but they should first know that you have an anti-Jewish agenda.
If you hate Jews, you can block me, but I would look at YOUR history first. In fact, you even admit to being an illegal immigrant!! (See http://digg.com/political_opinion/A_Very_Ominous_Federal_Court_Verdict_A_Bush_Victory_Over_Habeas_Corpus)
Keep up the fight, you racist prick. - thexder, on 10/12/2007, -10/+2Isn't this one of the signs of the apocalypse? I'd be worried if I was a believer.
- davidirock, on 10/12/2007, -9/+1This is horrible. I feel like now I have to acknowledge that there is other countries besides the United States that exists.
- inactive, on 10/12/2007, -9/+1edit: bury
- inactive, on 10/12/2007, -49/+1I am sorry to say this -- but the stock market is one huge gambling game. I know someone who lost MILLIONS in 87. What happened in 87? Nothing. It's just one big roulette wheel trip.
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