General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStock market up today. Guess the manipulators did their job.
Trump, Munchkin and Wilber.
Muzilee10
(6 posts)Tomorrow more buying by the fat cats. Hang on for a bumpier ride than Dec 24th.
WhiteTara
(29,715 posts)Welcome to DU! Yep, tomorrow the fat cats skim the milk off the 401Ks -- They already taken the cream.
A HERETIC I AM
(24,368 posts)What is it you are trying to say, and/or by what process or mechanism do you think this actually happens?
WhiteTara
(29,715 posts)in different words?
A HERETIC I AM
(24,368 posts)Still at a loss.
"Skim the milk off the 401k's"
What do you mean? Please. I'm seriously wondering what it is you think this statement is supposed to convey.
No need to be cryptic or clever, just tell me what you actually mean.
WhiteTara
(29,715 posts)stocks, the better the deal for the whales?
A HERETIC I AM
(24,368 posts)That makes it crystal clear.
WhiteTara
(29,715 posts)why I don't spend money in the stock market.
manor321
(3,344 posts)brooklynite
(94,572 posts)I'll go with my wife's assessment (she's a major Wall Street lawyer)
DU has s fair share of folks who have definite opinions about how the market works but actually have no experience with the market.
Crabby Appleton
(5,231 posts)Roland99
(53,342 posts)moondust
(19,983 posts)More tax cuts for billionaires? More deregulation? Less white collar crime enforcement? Or just a general promise of gubment so small you can drown it in a bathtub?
roamer65
(36,745 posts)OnlinePoker
(5,720 posts)Vinca
(50,273 posts)The crime family has to be involved.
TheFarseer
(9,323 posts)It looks like fear of missing out to me. Big money managers think a lot alike and they have to. If everyone elses fund is up because theyre in the market and youre on the sidelines, that looks so bad. Youre going to lose investors or at least have a lot of explaining to do. Computers only make them move in lockstep even more. And what started the rally? Prices fell so fast, people saw stocks at prices much lower than they sold for earlier and figured they couldnt go too wrong buying at this level.
wishstar
(5,269 posts)He is not yet on chopping block, but another big downturn could seal his fate.