Thursday, August 18, 2011

Can you believe, Ezine didn't like this one? Mr. Grammar Person dislikes

Stock Market Volatility My Butt

By: JW
Article ID: 6489206
Article Submitted: August 13, 2011
Category: Finance:Personal-Finance
Article Word Count: 670
Article In Problem Status

Sorry, your article contains grammar, spelling, punctuation, or sentence structure errors.
Your article does not contain appropriate paragraph breaks
Yeah, blah blah blah-most of my articles go to PROBLEM STATUS

 
Commandment: In all facets people must be manipulated by greed and/or fear.
Allrighty then,
Monday Aug. 8, 2011, DJIA -634
Tuesday Aug. 9, 2011, DJIA +429
Wednesday, Aug. 10, 2011, DJIA -519
Thursday, Aug. 11, 2011, DJIA +422 and I can therefor afford to play golf. Lousily, but that's not this story.
So duh,what's up? Day trading billionaires, that's what. Monday short, then long, then short, then long. Get it?
There oughta be a law. But the regulators (if there were any conscious) are in someone's pockets aren't they?
What's so hard about common sense? I have no problem with guys selling short, long, or keeping all their money in $30000 per ounce gold. But if someone sells short they shouldn't be able to turn around the next day and go long. Regulators, asleep at the switch, need to institute laws whereby these privileged day traders have to hold their position for 30 days. Then they could get hurt instead of just hurting the general public.
It just breaks my heart to watch these money hungry boogers dissolve the middle class before our eyes. And they are blatant and getting away with it.
Look, they are never going to get me. I'm untouchable. I control my lifestyle and can live on 10K a year.
I will always be debt free (the average family debt is in the area of 200K, look it up).
But I am eternally worried that we will wind up with a 2 class society-haves and have not's. I will be on the outside but I will be crying. It's NOT ABOUT ME. It's about capitalism giving everyone a chance. That's the way it's supposed to be.
Tell me why 8 billion bucks isn't enough. Tell me why someone needs 9 billion instead.
So, this day trading for the rich makes me puke, because if you have a lousy half mil. you are paralyzed and just riding the yoyo up and down. The way it's working now, insider trading might as well be legal if this day trading sure-thing gambling is legal. (Well insiding is for Somebodies. If Somebodies get caught it is a hand slap if Mr. Media doesn't get rough.)
Look, here's an example of what the normal guy can do: in 2008, when the market was going up and down 1000 points per day, I bet 8K on the S&P short one day. I made a lousy $800. Do most of you have a lousy 8K to do that with? No. So most of us do not have access to this daily up and down drivel. We buy and hold because there is no choice and because we have been told that it is the right choice. But right now you might as well bet the football over-under. What a load! The BIG GUYS are just gambling with your money, hoping you don't know when to hold 'em or fold 'em. And if you got a stinkin' 50K (that's above average) the BIG GUYS want you plenty worried that they are taking you down to 20K.
Well maybe you haven't made yourself untouchable. That's your fault. We keep hearing that we are all in this together, but only if you understand that the enemy is us. NOT THE PROBLEM: Obama, the Tea Party, the stinkin' Commies, V. Putin. US IS.
Well like I said they'll never get me.
Control your lifestyle, stay debt free, DO NOT TOUCH YOUR INVESTMENTS. Live on what you make! Please, don't let the haves do this to you. Already, 1% of the people have all of the money. It could get worse if we let it happen.
We must retain a middle class, which is the backbone of capitalism.
I've heard enough about public debt problems. PERSONAL DEBT IS THE REAL ISSUE HERE-WAKE UP.
Let's get some regulations on these day-traders. They are ruining the country as we watch.
I gotta go, I can't see because I'm cryin' for my species.
GREED RULES burns in Hades.
Jim William is an avid investor who has made plenty of mistakes.
Visit his website at http://themaven.synthasite.com

  




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