Hey guys, who is getting slammed by this drop?
this is a good thing because if we get a really huge drop, maybe
people will finally stop putting all their eggs in the stock
Remember that the people really making
all the money in this are the brokers - they get rich on every
sale and every purchase. All that money being pumped into the
markets by the Fed and other world reserves and central banks is
going straight into the pockets of the mega brokerages.
The politicians are positioned to benefit along with them.
Joe Six-Pack with his retirement and pension invested in the
markets have continually gotten screwed over the last decade.
The people are easy to fool, for sure - over and over again.
Me? I have nothing invested in the markets in any form. My
one neighbor is probably about to throw himself off a bridge
because he's big into trading. Guys at work that like to think
themselves as traders gotta be s***ing thier pants to day too.
I'm on vacation until Monday, so it'll be interesting to see
what they've been through.