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"How many all-or-nothing gap up and gap down days can the normal human being watch occur in a...
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Wednesday, December 14, 2011, 11:56 AM ET"How many all-or-nothing gap up and gap down days can the normal human being watch occur in a row before they realize that the whole thing is (baloney)," writes Josh Brown. Evidently, no more as E*Trade and Schwab's latest DART reports show steep declines in trades, new accounts, and customer assets. "Normal people say (forget it) and stop doing anything at all."
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The article used a different F word. :)
This country needs viable alternatives to saving for retirement - either reasonable itnerest rates or defined benefit pensions. No other country in the world relies on the stock market for retirement. Why would that be? May be because it doesn't work?
If risk asset prices ever get cheap enough, then maybe some real investors will decide to take a chance on the casino again.