posted on Apr, 3 2013 @ 10:33 AM
"Doom and gloom" is a way to color the truth with a negative tint....However, truth is truth. The stock market is obviously rigged, the current new
"record highs" in the market signify nothing but the propping up of something that should be on the floor. It'll get there, in one gigantic crash
downward, after enough people have been suckered in to believing that there is a solid recovery, and that happy days are here again.
A twenty percent decline is the best case scenario,
IMHO, because the stock market can no longer be trusted as a barometer of how our economy
is doing. It is completely divorced from reality. I believe the high-frequency trading programs which are preset to screw around with the numbers on
stocks is the driving factor in this fake casino. We daytrade for a living, so we get to watch the corruption and nonsense on a daily basis.
A crash is coming, there is no getting around it, but it'll just happen one day and everybody will be left with a whole lot less money if they were in
anything on the long side.
It sucks that you have your money locked up in such a way, OP, but you may want to consider which would be worse: Pulling your money out and taking
the penalty hit (never a pleasant thought), or letting it sit where it is and praying that whatever haircut you get is just a little off the top.
This Friday the US government is coming out with their unemployment numbers for the previous month. As usual, they do not count people who have run
out of unemployment benefits, have given up looking for work, or are young and can't even enter the job market to begin with after getting out of
college. They also count part time work, which is a total joke. The market always overreacts to these numbers (or uses them as an excuse, take your
pick). We're already at record highs. It'll be interesting to see the Circus of the Absurd do their act when the numbers come out.
3-4-2013 by FissionSurplus because: (no reason given)