What if it Snows?

No, really I can't do much about the rainfall.

I can chat with the big guy above about it, but don't seem to do much good even coming from me.

 

The WIIS thread has taken on an unmistakable air of gloom and doom.

 

Dow is still up over 10% annual or 70% over 5 years

I don't see a problem for long term, responsible/ethical investors.

Day traders? Yep they are wishing they had lube about now. Not my issue if they get caught up in the Ponzi scheme. Sucks to be them.

 

I’m going out on a limb and not having to go very far, by saying day traders are loving the volatile intraday movement of the market the past week. They make just as much with the market going down as going up doesn’t matter as long as it moves and gives directions and momentum to trade off of. Lot of money being made by the short attention span and Asperger folks who are trading very fast and volatile markets.

That’s all I’m going to say about this because last time I did I got lectured about big iron and put into my place.

So out of respect for my betters, I will just stand down talking about the market here.