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User Info The Pattern of The Market; entered at 2017-02-12 21:37:36
Posts: 7700
Registered: 2007-09-10 Scottsdale, AZ
The biggest issue that has kept this Ponzi running is fake news from the companies. Never a negative item, phony accounting, phony growth numbers, phony earnings beats and not a peep out of the SEC. We have watched retailer after retailer hit the skids and yet the indexes keep rising. They keep buying Amazon, Apple, Google and the rest of the phony growth stories.
The whole system is rigged to keep it going and we will need a major event to get it to implode. I truly look forward to that day when the truth rings out and the crooks get hammered.
2017-02-12 21:37:36