My latest tout for the Dow Industrials sounds a strong warning for bears who think the stock market is fated to collapse merely because the global economy, ex-financial assets, is headed into the dumper. At this point, it is rank idiots who still hold sway in the investment world, and it should be clear to everyone that they value even the most worthless drivel from Yellen over any hundred reasons you can come up with for the bull’s imminent demise.
In the Investment World, Bullshit Still Rules
- March 31, 2016, 3:35 am
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March 30, 2016, 11:23 pm
There haven’t been any old fashioned type markets for at least a decade or so.
All you can do is accept what you have to work with, which is a Casino Economy!
For example………..
In the last ten years or so I have seen houses go from 300k to 600k, back down to 300k, and now back up to 600k again!
That is not a market, it is a casino, plain and simple!
As for the Stock/Bond/Futures Markets…………
I view them as a high stakes Space Invaders type video game!
And, just like Space Invaders, your success or failure depends on one thing………..
How fast can you react properly!
That is all there is to it boys, hone your reflexes, and check your brain at the door!
I would be able to tell you when the market will top out. I will not though. Would it make me earn any money? NO. You will use this to pump yourself and your website.!!!