Watching the markets the last few weeks has really shown what a corrupt and manipulated system in which small investors are trapped. For weeks report after report has stated that the housing and credit crunch is huge, massive mortgage losses in the billions reported every day. Yet a week ago the Fed Chairman "mutters" a possible 1/4 point cut in the interest rate and the market goes crazy - up, up, up. This run up, in face of all the massive bad news, was fake and just goes to show that the "free" market is not free at all - it is controlled and contrived. It's a market reflecting what they(big hedge funds and money)want it to be. That coupled with the toothless SEC, and the small investor is screwed. I,like others you mentioned, am out once I see the final conclusion of GTEM. As one investor says "This stock market is the most corrupt institution in America." All IMO of course.
