ZRX1200 wrote:
Frank you really trust a stock market bolstered by the fed throwing billions of imaginary money at the market?
The plates can only be spun for so long, and there is only so many dowels to go around.
Trust? Nope. But it sort of feels similar to betting on sports that may be fixed, or betting on a fixed race at the track...I still have about the same chance picking a winner.
Well, sort of kidding with that analogy, but it seems that there is always a new single thing threatening the market, be it China, Greece, interest rates...no single thing has caused the end of the world I have been promised here since I was a little lurker. Lots of forces in play, and confidence is growing in dribs and drabs, much to the dismay of our membership.
Plus, I am not a day trader, I am not much of a risk taker in my early 60's (mentally about 40) I do get advice...and if it all blows up, everyone is equally screwed.