market crash 2011: it will hit by christmas, page-6

  1. 12,085 Posts.
    The GFC was over rated. In a way insanity, it's all about psychology, you can fool some of the people all of the time. Like people who curse bots, programme is useless without human intervention, sentiment. Today's DJI was predictable, Libyians dieing is the last thing on Wall St's mind, it's the play they can get from the sentiment. Proof, what happened to N/S Korean 'crisis'? Egypt is dust in the wind. Good play to boost oil prices. As if anybody worried about supplies. N Africa - they got any resources?
    In a way insanity, Farrel uses his psychology training to fool people. Why buy his investment books if it's all a con - investments by his definition don't exist - they just lose 20%/decade. Which is total crap, unless you were investing speculatively.
    Still, great buying day today, enough lemmings will off load and stop losses triggered. Wall St has made more money during 'GFC' than it's wildest dreams. Sentiment sentiment sentiment.
 
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