http://www.marketwatch.com/story/american-investors-predictably-stupid-losers-2010-06-01?pagenumber=1
According to Paul B. Farrell.
Read all you want, see all the shrinks you want, trade all you want, nothing will save you. Wall Street already has your profile in their trading algorithms. They'll always be light-years ahead of you.
Wall Street has already programmed your psychological profile into their trading algorithms. They're light-years ahead of you, misleading you into their slaughterhouses.
Wall Street's traders have profiled Main Street investors into their algorithms: Yes, investors are predictably stupid losers, what Vegas croupiers call a mark, a dumb gambler that can be easily conned out of his/her money.
The insatiable greed driving the Goldman Sachs Conspiracy of Wall Street banks is so addictive, so powerful, so overwhelming, so much in control of the political process that nothing, absolutely nothing, can change the next inevitable mega-crash, according to Farrell that is, though I am sure there are others who disagree.
C'est la vie - such is life!
Gw
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