Friday, May 15, 2009

MARKETS WILL DO "SOMETHING" TODAY...BUT NO ONE WILL CARE.

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...?