Wall Street= “Casino Royale” as my Dad used to tell me, “The players winnings dont keep the lights on at these casino’s, but their losings sure do” !!
I have always had more success in knowing when to get OUT of a market, like real estate and some stocks, I really dont have a clue as to “when” to get in to a market. Its very complicated and you dont know 1/10th what the players do. Your guessing, they have access to lots of privvy info and they are …well, guessing too !
Shorting is risky business. Good luck.
Isider trading is alive and well in American business today, problem is, your not allowed to be an INSIDER !!!
The stock market is a scam. Think Las Vegas. Odds are probably better in Vegas.
A little story here:
At one time in my career, I was in upper middle management of a fortune 50 company, I thought I KNEW what was happening as I was involved in some of the things that were planning to happen….Truth is, I knew “NADA”, and my stock portfolio showed it.
Im so good at knowing when to get out of something that I have a serious collection of cassette tapes and 8 tracks !!! STILL !!! I even have a BetaMax !!
Im not nearly as smart as I thought I once was. I just got lucky and I know it.