EXCEPT OF COURSE THE DAY TRADERS...
THIS IS SIMPLY NOT AN INVESTIBLE MARKET...
IT'S A DAY TRADERS MARKET...AS TOUT TV REMINDS US CONSTANTLY.
BUT ARE THERE REALLY DAY TRADERS? OR ARE THEY A MYTH...?
I SUPPOSE SOME PEOPLE DAY TRADE...UNTIL THEY LOSE ALL THEIR MONEY... THEN THEY QUIT.
EVEN THE FULL TIME PROS...AND A FEW NOBELS ARE LOSING THEIR ASSES...!
THESE DAZE IT'S ALL MUMBO JUMBO...VOODOO TALK ABOUT CHARTS AND THE "FUTURE"...AND "TRADES"....
BUT IT'S A NIGHTMARE FOR REAL PEOPLE...
WHAT CAN YOU SAY WHEN EVERY MAJOR CORPORTION IN AMERICA IS ON THE VERGE OF BANKRUPTCY....OR IN IT...? AND THE AVERAGES ARE "UP" 40%...?
THIS IS THE "AMERICAN NIGHTMARE"....WHO'D OF THUNK IT JUST A FEW YEARS AGO...?