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I have always felt the markets are rigged, but by insider trading. High frequency traders just add to the problem. I thought the Internet, and websites like St
by marincounty 13y ago
I have always felt the markets are rigged, but by insider
trading. High frequency traders just add to the problem.
I thought the Internet, and websites like Stocktwits might
level out the playing field, but the I've Never seen anything close to insider information on any of these sites.
I truely believe we are on a bubble right now--especially
tech stocks(Tesla might be the exception, even with the owner telling investors the stock is overpriced.) Facebook
throwing around billions for for that disappearing picture
company floored me. Oh, and Google--the minute Duckduckgo
gets a little bit better--bye--bye, but I'll use your free
Api's as long as they stay somewhat free. My deceased father spent years dabbling in the stock macket when he
retired; the only real money he made was on a tip he
got from a drunk, bolsterious father in law who was a CEO. Oh yea, this brings me to Jim Cramer. I have watched him for years. He has never timed a down turn right. He just might be the best ironic contrarian stock adviser ever? Right now, he believes the stock market will just continue to rise. I
am waiting for the drop. We are in a weird time though;
gold at unheard of levels. Stock market rising. The only
real inflation I see is food. I have a funny feeling the
economy is much worse than it seems though. Companies know we cannot go without eating--so let's raise the price. I'm a nobody, but I hate to see middle class families loose their life savings when the market takes a dive. I hope these lucky tech billionaires help the American poor when things get really bad? There are very few countries that
would have allowed them to Mae there wad as easily as they
had it in America. Could you imagine having a billion
dollars in Mexico? You couldn't leave your home. That's
the one thing they take for granted, while griping about
tax rates? Sorry for rambling.