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I read Zero Hedge daily. Sometimes more often. I don't always comment. Sometimes I laugh with, sometimes at, sometimes both (you have to have a seriously messed up funny-bone to do that, but I do) at the writer, the topic, or the comments. Now, if I didn't get good data there, from time to time, and if it didn't track through time, I'd be gone. It's bleeding nose edge, sometimes to absurdity, but if you want a chance to see it forming, in the econ world, there you go. Caveat emptor, with a sharks grin if you catch it or can keep up. (No, I don't ALWAYS get it myself, but you learn to jump rope by messing up, innit.)
One headline caught my eye. It seems the big boys are all saying, and probably doing, a sell it all program. Oh, I am sure, the author will go through this and that, possibly showing charts, maybe exposing some options. Sort of like a coach talking to the team. I enjoy ZH because, quite often, it doesn't seem to be playing for the team, but more offering what the author believes at the time, with the givens, and compared to other inputs... more of what he would advise, or suggest, or potentially do or is doing. Or... that's my take.
Still, sometimes... Now, I haven't read the article. I will, I just wanted to chuckle and go with my initial thoughts. If the big boys are selling, just off the bat, does that mean you should sell? Do you know how wealthy men get wealthy? They lead in such as manner that they create their own windfall. Where is that windfall generated? Often enough by those who follow. BUY GOLD... while they are selling. You don't get rich off dollars, or hundreds or thousands of dollars. You get rich on a nickle. Just a lot of them. At least more often than not. Though if you can create a stampede, cause even a quarter of stocks to slide, then buy at bottome... while you were selling at the top... Yes. Yes! It's starting to dawn.
Now, understand, all markets, at this point, being based on central banks which often work with each other, are rigged. Badly. Further, many of them are automated by algorithms to be rigged. Don't YOU try that, it's for the big boys and banks. Putting your wealth in stocks is simply a gamble. Now, the odds of losing everything, for the most part, are small. Gotta keep the con going, in this one, or they quite playing. But you won't get access to the real gains... That gets skimmed, frequently, often by the company playing the same game you are playing, and losing. You have to be a mighty big fish to not get skinned frequently. More, some companies, or the top officers and board, realize they can get much richer by breaking the company.
Oh, fine, I'll read it. But... I really have been giggling since I saw it. Yeah, I read down through the lists of headings, sort of ponder witch candy store article to visit. I'd do them all but who has the time. And sometimes my ribs hurt too much after a few. Sometimes they get it, sometimes not. Though, sometimes, even so, you have to take what you take to get what you get. Yeah, those big boys will scoop you, one way or the other. Once in a while one goes down, but it's pretty rare the way the banks work. Too big to fail, they say.
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