Christopher BlackwellInvesting on emotions is normal enoughFri May 18, 2012 6:33pm70.41.146.131Mondo Fuego™,
The market often rises and falls based on the emotions of the country with little or no factual reasons. This has been common through much of the history of the stock market and we have had all kinds of investing crazes in the stock market,creating booms and crashes one after another. We just seem to go through them a lot faster than we used to. We had canal investment crazes, railroad investment crazes, mining investment crazes, oil investment crazes, and on and on and on. Just as we have had stock manipulations, including printing stock as the main business of the business, creating wild swings in the marked, which seems easier now in our electronic age the ever before,if you can buy and sell in large enough amounts buying and selling programed into computers. Our investment houses give advice often based often on what makes them the most money in fees, little caring the effect on the investor.
Amazing that we have laws on the books against fortune tellers, but not economic forecasters and investment councilors, even though far more people have been led astray by the latter two and lost more money by the later two.
- Investing on emotions is normal enough — Christopher Blackwell , Fri May 18 6:33pm
Religion and Ethics BBS