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Re: **D*A** post# 42

Friday, 02/05/2016 9:31:18 AM

Friday, February 05, 2016 9:31:18 AM

Post# of 63
Warning tinfoil hat theory ahead :)

If the economy was going to tank, we wouldn't be getting orders for tooling to make future products.


I really believe that this whole sell off and the accompanying yapping about a recession etc.
was manufactured on wall street to create a better environment for trading...
Its hard to get much out of sideways trading market...
BUT if you create big drops you can make a boodle shorting it down
and then make another boodle as it goes up.
I think there are a lot of groups that got addicted to the high volatility and wide swings...
and when the market isn't cooperating they find a reason
...any reason...
to manufacture those wide swings and volatility.

Who loses in this scenario?
Those that "invested"...
they get scared out and sell for a loss...
and probably do not buy back at the bottom...
Because how is the little guy suppose to know when that is?

Someone wins and someone loses in this game...
The money is flowing out of hard working people's pockets and pensions
and into the pockets of the wall street fat cats...
They laugh all the way to the bank...

Things are pretty tough in my neck of the Northwoods...
the steel industry has been crushed recently...
Lots of steelworkers laid off...
we lost the drugstore and the grocery store in my town.
Partly because we got Family Dollar and Dollar General in the last few years.
And a Walmart 30 miles away instead of 60.
Its hard for small family owned businesses to compete with the buying power of chains...
Anyway... the steel industry has been through this before.
Things will turn ...eventually... probably...
:)

Meanwhile, I try to keep a healthy dose of skepticism when I listen to the talking heads...
Things are rarely as BAD as they say, or as GOOD as they say!

I still remember as a newbie investor listening to the BS spewed
back in 2008-9...
How we were going to have NATIONALIZE THE BANKS!
and how it WAS NOT GOING TO BE A V-SHAPED RECOVERY!
We were allegedly going to be stuck like Japan was for years...

Ya ...sure ...Whatever...
:)