Thursday, March 5, 2009

Wall Street: The Stupidest People on Earth

Yep. Do you imagine how STUPID people have to be to push stocks up a fictional 250 points (yesterday), and have that rally completely wiped out by the next morning (making it obvious that the rally was fictional to start with, based soley on computer program, "technical" trading)?

Well, that is how stupid the people on Wall Street are. Again, the direction of these whiplash moves is not what proves the stupidity. It is the magnitude.

Yep. The entire, fictional 250 point up move of the stock market yesterday (the amunt it was up before backing off at the end) was wiped out early this morning. It is a beautiful thing to behold, watching the Stupidest People on Earth operate. Perfection in life is so rare. And these people are perfectly stupid.

Well, we are starting over today. It is as if yesterday never happened. You can watch in awe with me as these people commit new, wonderful feats of perfect stupidity.

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