EVENING READING
9 October 2009 by TPC
4 Comments
The Biggest Sucker’s Rally Since The Great Depression - Yahoo! $
Piling Into The China Trade - BB
October Crashes I Have Known - Barrons
Extra Innings Or Game Over For The Stock Market – Minyanville
Why Milton Friedman Is Still Right – The American
It’s All Just Monopoly Money – Fleckenstein
Climbing The Golden Wall Of Worry - Barrons
Memo To Investigators: Dig Deep - The Nation
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Opportunities in China stock market
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I am tired of calling this rally a suckers rally…if you are making a lot of money, you aren’t a sucker. The people saying this is a suckers rally are most likely the suckers here…
Great reads!
James,
The only people talking trash about this rally are all of the doo
and gloomers. They haven’t made a dime.
MS I agree. Though I don’t think many people have made much money in this rally. This rally is obviously an inflationary rally produced by printing money as is evident in gold hitting new highs (signaling significant inflation which is not in the real economy but in the financial system). But I have seen people calling this a suckers rally since the end of March…you aren’t a sucker if you are a good trader. Sorry. But like I said, there are a lot of bitter people out there because very few people are participating or have participated. Just look at the volume…
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