Market Comments Submitted by Nick at Ambitions as a Stock Trader
Submitted by My Ambitions as a Trader and Investor
Not So Bad After All?? Time To Bargain Hunt??
That is exactly what the institutions and the corrupt financial media want you to be believe. They want you to think that the credit crisis was simply just an exaggerated crisis and that it is time to go bargain hunting in stocks. This type of advice always leads to disaster. Unfortunately, the majority of people who invest in the stock market actually follow this un-sage-like advice. It is no wonder that the majority of the investing public doesn’t even come close to beating the market. Instead of deciding on their own, they take the advice of institutions which have an entirely different agenda, both in the general markets and in individual stocks. Institutions need individual suckers (investors) to buy stocks in order for them to have an open market for them to sell their shares into. That is how the big banks and institutions bail out of their holdings. This can turn rather nasty in downtrends. The promotion of bargain hunting is what helps banks unload their shares to the unsuspecting public. I’m not trying to discourage new (and potential investors and traders). I’m simply trying to open your eyes to the harsh realities of investing and trading. Trading and investing is without a doubt, a cut-throat business where only the do-it-yourself investors and traders succeed.
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