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"How many all-or-nothing gap up and gap down days can the normal human being watch occur in a...

"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."
Comments (5)
  • D_Virginia
    , contributor
    Comments (2280) | Send Message
     
    > Normal people say (forget it)

     

    The article used a different F word. :)
    14 Dec 2011, 11:59 AM Reply Like
  • Pike Puk
    , contributor
    Comments (11) | Send Message
     
    Well I wish I had much monies to invest because I sure would. And I will keep watching all I can to see if I can do that with what I have. In the present time I am looking to shave as much spending as I may to save the dollars. I go back and forth some from this Man to the Elder Man. I stay informed and surely this site is one I am secure in knowing it is worth the effort. I like to read the Schwab information and the Buffet. The Market is alive as long as I can read it here.
    29 Dec 2011, 04:44 AM Reply Like
  • inthemoney
    , contributor
    Comments (981) | Send Message
     
    Normal people unlike professional casino players have full time jobs and cannot watch the market every second. The whole idea that peple somehow can successfully invest in the market on their own ( 401K plan) is nonsense. All 401Ks do is maintain huge non-productive financial indsutry which skis the wealth from the same peole who pay their slaries, i.e. 401K holders. 401Ks are basically the willing sheep for the slaughter.
    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?
    14 Dec 2011, 12:16 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Yes..this market and I hate to call it that anymore because it isn´t...is rigged to the max....the HFT computers that were allowed has ruined it all....the computer houses next to the bourses exchanges has ruined it...the rule 58´s have ruined it..Derivatives have ruined it..CDS´s too....its now a casino...and the governments are playing too..
    14 Dec 2011, 12:22 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9966) | Send Message
     
    LOL, as real investors leave the casino, the HFTer's, algo's, prop desks, etc get to try and steal from each other. May the best computer program win, because less and less real investors care one way or the other which way they jam the market.

     

    If risk asset prices ever get cheap enough, then maybe some real investors will decide to take a chance on the casino again.
    14 Dec 2011, 01:10 PM Reply Like
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