Club Mulgoa

Wednesday, April 13, 2011

Stupidity in the market

So much movement is based on results on one day. Tomorrow because one financial institution has reported good earning, Dow Jones Index is expected to go up. Based on just one set of banking result.

And then tomorrow a set of bad result from another company from another sector, the financial institutions move the price down.

The worst thing is many, many, many people are paying these managers to look after their money. And lots of these f$#*&% id*&^%$s make heaps of money for themselves just by moving the money around. And lots of these investors and f$##$%^ id*&@#$%s complain when they have to pay a few dollars out of their pockets to their GPs, or a few more dollars to their specialists.

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