Replies to post #142495 on ajtj99's Market Pulse

[Neutral Man]

Aren't Ju da-wise one, and to think he thought he needed a University professor to xplain it to him, oh boy, sighhhhhhhhhhhhh!!

Basically, you've confirmed that it is either a "Ponzi Scheme" kinda thing on the way up, as long as there are play-ar's that'll keep paying up so the first ones in can walk away with their Cash and Profits then all is good, dat's the Best case scenario?

OR, it's a "Great Evaporation Scheme" as more play-ar's walk away then come in and prices fall for ANY FOOL dat hang's on hope-ing for a greater FOOL to come and buy it higher, oh boy, sighhhhhhhhhhhhhhhhh!!

Kinda takes away the investing concept and rings da-Bell for "Ponzi Scheme" in spades, OUCH!?

Totally foils any argument for buy and hold investing, instead play-ar's are "Gambling" when they buy at a price in hopes of UN-LOAD-em on da-Next FOOL at a higher price, Sweeeeeeeeeeeeeeet!?

Good stuff regardless, just amazing that play-ar's are in dis-Game and do NOT understand how 98% of the share owners can HOLD for ten years and the other 2% of play-ar's can trade a stock up and/or down with ease on a daily basis as the 98% sit on the sideline and watch their wealth increase and decrease based on said 2%, OUCH!?

Stocks, Fiat-Money, Madoff, some of the Greatest Ponzi schemes ever devised, just glad I know to GET out before the music stops and they reset prices and start-r up again, da-music dat is, LOL!

[montanamark]

really? every penny? how do you account for fraud? how do you account for madoff? how do you account for assets marked up 10, 20 or 30 times their possible real value? how do you account for California homes selling for millions when a price of a couple hundred thousand is questionable? how do you account for people making 30-40k per year borrowing 600k for a condo worth 200k? how do you account for CMOs repackaged and resold numerous times with constant markups, commissions
and selling costs? much of the world's "wealth" is dust