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<blockquote data-quote="HerefordSire" data-source="post: 391652" data-attributes="member: 4437"><p>I agree with the fed manipulating greed and fear levels, the main drivers, of citizens and market particpants. Remember when we were kids playing hot potato? A ring of kids when get in a circle and pass a potato thinking it was hot and whoever got stuck with the potato last, lost? Well that is the way the market is. The bagholder always loses and has the highest cost basis of all investors. Another....remember when we were kids and used to twirl our thumbs around each other and in order to stop twirling our thumbs we had to get someone else to start twirling their thumbs in circular motions? That is the only way you can make money in markets...is if you get another person to buy what you are selling or else you will be a bagholder. The general Nasdaq 2000 bagholders are still 50% down while the DJIA and the SP500 just broke even.</p></blockquote><p></p>
[QUOTE="HerefordSire, post: 391652, member: 4437"] I agree with the fed manipulating greed and fear levels, the main drivers, of citizens and market particpants. Remember when we were kids playing hot potato? A ring of kids when get in a circle and pass a potato thinking it was hot and whoever got stuck with the potato last, lost? Well that is the way the market is. The bagholder always loses and has the highest cost basis of all investors. Another....remember when we were kids and used to twirl our thumbs around each other and in order to stop twirling our thumbs we had to get someone else to start twirling their thumbs in circular motions? That is the only way you can make money in markets...is if you get another person to buy what you are selling or else you will be a bagholder. The general Nasdaq 2000 bagholders are still 50% down while the DJIA and the SP500 just broke even. [/QUOTE]
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