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The comments after the short piece are the interesting part.
1 posted on 10/08/2009 1:15:34 PM PDT by arthurus
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To: arthurus
thinking they were going to "flip and buy"

Another term for ponzi scheme and manic buying.

Investing for the long term has essentially gone away. It is still done but "day traders" don't trade on matters of actual performance and can tank a company.

2 posted on 10/08/2009 1:18:10 PM PDT by a fool in paradise (There is no truth in the Pravda Media.)
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To: arthurus
Remember the Twilight Zone where the gold robbers put themselves to sleep for a hundred years? When the awoke they found that their gold was basically worthless...treated just like ordinary rocks. I'm buying ammo, Spam, rice and beans. Good luck to all.
5 posted on 10/08/2009 1:29:10 PM PDT by JPG (Obama...a 24/7 nightmare.)
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