As this is being typed, it is easy too identify both the stupidest people now living on this Earth, and the villains responsible for a good part of our economic/financial mess. YOUI KNOW WHO YOU ARE, AFTER YOU READ THIS ENTRY.
This entry is being typed at 1:15. The Dow is now up 200 points. At around 1, the Dow was DOWN 25 points or more.
These kind of moves in the stock market are TOTAL FICTION. They are computer program driven They are merely proof that Wall Street is broken--badly, terribly broken.
Yes, anyone truly buying stocks once the Dow went up 200 is one of those stupidest people on Earth. To do that, after the evidence over the past year about these kind of fictional moves, is such stupidity that a person that stupid should not be allowed to continue living. It corrupts the gene pool.
"But," you say (fool that your are), "the computer strategy may work if the people are planning on selling before the market goes back down" (in a move down, perhaps equally fictional, on Monday or Tuesday). Ah. right. You are finally getting the point. Those are the VILLAINS--the people using computer, momentum trading to distort/amplify all moves in the market. Those people should be shot as evil villains.
So if you, or a computer program operated by you, is buying stocks today at 1;15, you should be shot either way. Either you are too stupid to live, or you are a total, manipulative villain who is ruining the country. Take your pick.
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