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To: blam

expecting a dive this month...


17 posted on 08/03/2010 11:23:43 AM PDT by dalebert
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To: dalebert

Maybe....

The stock market has changed from what it once was. It’s no longer an accurate prognosticator for the future economy. It no longer cares about earnings (Companies routinely set guidance for earnings low, then celebrate when their earnings beat the low estimate). It pretends news headlines to be real (the spin variety). It no longer is a safe place for even a conservative investor (GM, Lehman, Enron, etc)

It appears to be a heavily manipulated market place, similar to a rigged casino.


29 posted on 08/03/2010 11:40:19 AM PDT by Rational Thought
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