market ace

Will This Economy Ever Create Job Growth?

Gee I wondered who was buying stocks and now I know the skewed thinking that causes someone to actually buy into a market destined for oblivion. A market that not even GS and gov't manipulation can continue to prop up.

If you look at the projections for job growth in the US during the next few years there are only three categories expanding - Healthcare (soon to be Gov't controlled), Education (already gov't controlled) and GOVERNMENT. Anyone can see that this will never grow or sustain an economic recovery and that reality will set in soon. There are 35 million on food stamps, unemployment at 17% and 1 in 8 mortgages are delinquent or in foreclosure. This is not to mention unsustainable US debt, artificial interest rates and qauntitative easing. These factors should tell you to keep very tight stops on your stocks as they are not fuel for a bull market

I have been getting stopped out like crazy this past wek with 5% trailing stops and loving every minute of it.

Are you really buying stocks now?