[April Lexington]

The stock market is a collection of people who earn their bread investing and trading other people's money. They make the market go up and down based on their fear of loosing their bonuses and their greed of missing a run up. The stock market is a very poor indicator of general economic conditions so whether it goes up or down, the US economy is still in the tank. People are unemployed. Houses are under water and business stinks... If the market goes up, sell into the rally. If it falls, who cares?

[Frantzie]

Your description is of the stock market corca the mid 1990s before glass stegall was repealed and before hedge funds had carte blanche. Today it is all hedge funds, high frequency trading computer programs and endless forms of manipulation.

[Varsity Flight]

++++ . If it falls, who cares? +++++

How about govt. pensions? Guess who’s invested in the market?...and has a driving interest in saving their own, while the rest go unemployed or are taxed into nothingness?