the market has finally lost its credibility, page-32

There was plenty of manipulation and greed on the way UP and now we have manipulation, fear and scapegoating on the way DOWN.

Scapegoating happens in bear markets when some people lose money. This time it's the evil hedge funds fault.

Why weren't people complaining about manipulation during the bull market ? Because everyone was making money !

Why weren't people suspicious of certain activities before now ? Because everyone was making money !

It's called greed and is part of every bull market.

Human nature doesn't change.

And all traders know the regulators can not be relied upon.

Traders have to take responsibility for their own actions.

That's one of the reasons why about 90% of traders fail.