This was mentioned in another thread, but it's still worth considering. Besides being derided by GS as "muppets" and blatantly robbed by MF Global - is it any wonder that individual investors are simply not willing to take a risk in this stock market.
As far as we all know, the stock prices for all companies are manipulated and earnings are only being driven by price inflation. The SEC and CFTC sure as heck aren't on our side, so how would anyone ever really know what's going on?
Q: Are You Printing Money? Bernanke: Not Literally
Why would anyone be surprised?? True, the method may be new, but as long as we have humans, there will be those who will work to devise unscrupulous methods to profit. Cheers, RickO
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As far as we all know, the stock prices for all companies are manipulated and earnings are only being driven by price inflation. The SEC and CFTC sure as heck aren't on our side, so how would anyone ever really know what's going on?
I knew it would happen.