Quote:
Originally Posted by noonereal
I am sick of the financial analysis of the stock market swings.
Talking head after talking head explain how it's moved by this emotion, that emotion, this worry, that concern. This report, that report.
What nonsense.
Like yesterday, Market went up all day then dropped through the roof the last hour.
Oh, my. Yes, all of a sudden there was concern that was not there the rest of the day.
God forbid we say the market had been successfully manipulated to move up and the smart money was cashing in the last hour.
Is there anyone here who could not make up excuses for the rise and fall of the markets?
What a gig.
1.2 trillion of wealth gone.
Oh really?
What nonsense.
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Quote:
Originally Posted by 4-2-7
It's manipulated plan and simple....look at the metals the money should be going there for a safe haven.......but they are smacking that down all day long to.
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Of course it's manipulated. Who really believes in the "Magic hand"? Not me, that's for damn sure. Look, if you're sitting on several million, or billions and you have an ample amount stashed in safe havens, you're never going to miss a meal unless you're a total moron. So, at that point it just becomes a game. Who cares if the market drops a thousand points? That just means it's time to buy more as it goes up. So, when the markets plateau, you hit the financial pages,crying wolf and panicking the skittish lemmings into selling cheap...............It get's things moving again.
It's not really all that complicated.
That's why it's more important to us "little guys" to stay focused on the long term. Buy when we can, hold when we must and shelter what we can. And, ferfuksake, if you're in your 40s-50s putting that money towards retirement is more important than the friggin' jet skis................. You can't eat jet skis.