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The stock market is like a roulette wheel...

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-11-11 03:17 PM
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The stock market is like a roulette wheel...
You bet the red or the black.

If you are lucky, you have enough numbers covered to come out ahead.

If you had gotten your money out of the market 3 weeks ago, you would be far ahead of where you are today.

The lucky ones get their money out at the right time and everyone else lose their asses. Not everyone can wait for the market to go back up every time it goes down. And it always goes down at some time or other. There are winners and there are losers, just like the casino.

The stock market is no longer the same place it was 25 years ago, or even 10 years ago. They trade stocks in micro-seconds. Seventy percent of all trades on Wall Street are on this fast track. Little is held as long-term investments. Traders and manipulators rule the market. It is stacked against the average person. It is no longer the place to create capital for jobs or investment purposes. It is a place for greedy bastards to make a fortune in a short amount of time.

Unfortunately, they play with the chips of the American workers. Many, if not most, workers invest in 401K's, etc, thru their workplace. These crooks never had it so good. When you fill up your tank today or tomorrow, some low-life on Wall Street has bid up the price of oil so they can make a killing. Thank you very much.
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