Tuesday, October 4, 2022

I Think The Stock Market Is Rigged


nypost.com
Dow soars for 2nd straight day — climbs more than 700 points
"Stocks rose sharply in morning trading on Wall Street Tuesday and clawed back more of the ground they lost in a miserable several weeks."

Sucker's game
We were told previously share values went down because of rising interest rates. Then yesterday went up because of "rising interest rates". Here's what I think. The stock market is for suckers. The big boys can do algorithm based flash computer trades. The average sucker doesn't stand a chance. By the time the average schmuck tries to sell off shares the big boys already unloaded them. Thus the big boys always get to sell off high while the little guy, waiting in line, is forced to sell lower then they intended.

At least in blackjack everyone knows how the rules are stacked against them. In the stock market don't expect brokers to educate the average Joe Blow. Plus brokers make money win, lose or draw on each trade.

Here's how the house always wins.. 




Still think you can match wits with the rich boys computer programs?

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