posted on Jan, 5 2008 @ 10:54 AM
reply to post by infinite
Break this all down for me please. The stock market makes my head hurt, I can see the economy is taking a nose dive from unemployment, inflation,
mortgage crisis, real estate crisis but I know that the rest of the country waits for the stock market for official notice. So what is a crash and how
does it work?
I really believe that the stock market is a big scam, this is probably because I don't really understand the process but if one trader can drive up
the cost of oil based on gaining a name for themselves I am very concerned about our countries business minded outlook.
And what is the deal with the puts or whatever they are that traders are able to trade on events happening? Sounds like legalized gambling to me.
There was a big story on here not long ago about someone "betting"/trading a lot of $$$ just on a date of a crash in the market. How does that fit