User 244491

Monday, August 18: Week in Review

You seem to be very intelligent guy who never traded commodities (maybe some FX,1 mini-Silver?),I like your observations but all you said is known before you was born.
The happiest thing in your article that you will never believe may turn true next year,that Dow Jones really will fall to 6200 or lower,why not.
Does it have to do with China,with your mom selling her bleeding mutual fund to pay your tuition or Play Station,does it have to do with anything?
The reason that markets crash lies in one simple psychological aspect,nobody believes in it as 99.99% of investors want market always to go straight up and every investor will say that his stock is the best in the world but there are tens of thousands of stocks and millions of investors,how can be that each stock is the best in the world?
There are so many sectors and every investor in any sector believes this is the best stock in the best sector...
The final countdown is aproaching,those that didn't take money out of the table (how one can sell the best stock in the world, average is already down 30%) doesn't matter if reason is greed or stupidiness,are going to witness BEAR market in it's natural pure form,as bear knows no fear,he spreads blood and destruction whenever he goes whatever he touches.
So play your Playstations in a meantime bear will play with you his game.