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Never before in several recent decades has there been
a market marked by such apparent desperation, ignorance,& arrogance.
Experienced market watchers do
not recall a market with so much unjustifiable
knee-jerk reacting. Examples include YHOO and GM moves
that occur within seconds of some made-up, so-called news report.
How many times -- and who is -- reacting to
these "people say" CNBC-type stories??? These
stock moves represent more than wild
trading. They represent chaos amongst
desperate under-40ish people who trade like they drive
-- without stopping for red lights or stop signs.
They have never experienced a
Genuine BEAR MARKET such as
that of the 1970s.
They have only witnessed UP markets with
corrections that come shortly after down-moves, are
quick, and yield big profits.
That identifies the environment since 1982. Those
markets are the result of Reaganomics. . .
not leadership-less financial policies within a weak-charactered
culture.
That is why these markets
have been so long in correcting... since 2001.
Wait -- if these
same market players elect the empty suit
president... they will then experience what a Genuine Bear Market,
long-term correction is.
Such grand ignorance and arrogance are
unbelievable.
Susanne L. IL |