Finger pointing is all over the place. There are millions of people who are blindly/mindlessly contributing to retirement accounts, flooding Wall Street with cash, under the guise of "security for their future"
Most people have no clue what they are doing JUST LIKE
So I'm just curious. Folk(s) that are saying that contributing blindly to retirement accounts is dumb, or playing with the market is dumb, what are you specifically doing to improve your odds of coming out ok? Putting cash in a mattress, or buying $700+/ounce gold? Putting into foreign currencies?
Not meaning this as an attack, but I see here a lot of "that's a bad idea, this is a bad bad, blindly doing this, blindly doing that…" So for the folks that think they aren't "blind", what specifically is your strategy? Please, let's play the "three blind mice, see how they run game".
My take is in the short term big boys are going to try to squeeze the hell out of shorts to pump up the market. Then when people start jumping in on long positions, the big boys are going to dump on all the longs. But that's just the cynical side of me talking. The big boys can endure massive losses either way before average joe blinks.
