Campbell
Banned
- Joined
- Jan 8, 2013
- Messages
- 2,138
- Reaction score
- 473
- Location
- East Tennessee
- Gender
- Male
- Political Leaning
- Liberal
These folks have a strategy and a plan. The stock market is run by rich folks and insiders. The traders will run along with a day-to-day, week-to-week basis where every few days or weeks they test the bottom...that is they find out where the level is which represents long range investors and then they trade above and a little below that. Sometimes when the opportunity presents itself they come out screaming, "You Better Get Out"
Then they get out of the market for a month or two and wait till it falls as far as those who get scared and sell will take it and then they buy back in low and start the market up again:
Economist Caution: Prepare For 'Massive Wealth Destruction'
"Marc Faber, the noted Swiss economist and investor, has voiced his concerns for the U.S. economy numerous times during recent media appearances, stating, “I think somewhere down the line we will have a massive wealth destruction. I would say that well-to-do people may lose up to 50 percent of their total wealth.”
Then they get out of the market for a month or two and wait till it falls as far as those who get scared and sell will take it and then they buy back in low and start the market up again:
Economist Caution: Prepare For 'Massive Wealth Destruction'
"Marc Faber, the noted Swiss economist and investor, has voiced his concerns for the U.S. economy numerous times during recent media appearances, stating, “I think somewhere down the line we will have a massive wealth destruction. I would say that well-to-do people may lose up to 50 percent of their total wealth.”
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