posted on Feb, 24 2012 @ 11:48 AM
I just asked my husband, who day trades. He feels that this market is falsely pumped-up and is betting on a drop by buying shares of the VXX, or
"panic index". It appears to be unsustainable, so it is a safe bet that the stock market is being propped-up by the big trading houses and the fed
Typically it is like fishing: They put their bait out on the hook, and as it's gobbled up, they keep re-baiting the hook until enough people feel
"safe", and think that the bait will go on forever. Then they pull the rug out and leave the suckers on the hook. Most home day traders lose their
entire bankroll within the first year because of games like this.
I suspect there will be a drop soon, as there always is. The Dow at 13,000 is a lie, an illusion, and an unsustainable falsehood.