Holy Crap, stocks are falling

Just now starting to realize what has been going on for the last 3 years?

What are you talking about. I make my money knowing which way the stock market will go based upon support and resistance. What I am saying is that just like with 10,500 once we break 7778 then this market could free fall to 4K and that would be an unprecedented drop even beating the great depression in scope. That's why just now it is bouncing back above 8200 because all industry professionals know once it drops who knows how long before it comes back, if it will.

 

Yeah I agree with corporations being held accountable for their actions like the every day joe is. They do have to bail out the housing and auto makers because they are tied to the economy. America has gotten fat and greedy from the excess of the good times and we are paying for it now in the bad times. The government needs to assign a group of people that go around and make sure that big execs aren't taking advantage of the system and there needs to be a better distribution of wealth in America. A CEO should not make in 1 day what a worker in his company will make in a year, that is ridiculous and that kind of greed has landed us here and Joe Blow, the guy getting a small amount of money now has to bail out his boss, so we can retire to Maui with all the money he made screwing average people over. Ok I am done with my rant.

Its the top 1% that make the decisions that the rest of us have to live with. So when that 1% gets greedy and works the system in their advantage they ruin it for everyone else. The whole insider trading happens everyday ( i believe), Mark Cuban has probably worked the system for a lot more then 750k, these reports were probably to cover up a bigger story, but his kept us busy. IMO the stock market is a joke. Those with the majority of the stock run everything, so when they expect the market to drop they sell, and once it does they buy back once everyone else has caught on and they take their hit. The ones that are making money right now are the ones who have it saved. While fear is setting in the majority are losing big, and the ones with the money are just waiting till they get everything for dirt cheap. What goes up must come down, its common knowledge. We will just wait till the top 1% decided to put their money back into the market to boost the economy. So the lesson should be learned, never spend more then you can afford ( do not use your credit card, unless you can pay it off in full). Do not live above your means because you want to fit into a society, (that is on the brink of destruction), you are only making matters worse. AND DO NOT ASK FOR HELP WHEN YOU MADE A MISTAKE, learn from the mistakes and do not do it again. This bail out is a joke, just like the stimulus checks, lets create more debt so we can pay off our debt. Its like the people that owe money on their credit card and can not make the payment, so what do they do, get another credit card and just delay the inevitable all the while they are paying banks interest so they can get even bigger just to loan more money out to create more debt. This country needs to stop spending money before we make it. I can ramble on all day, and while some may say this is a load of crap, i just threw this out there and didn't take much time to sort everything out.

Great Points....
Why would anyone want to check for this in the past when the good times are rolling? The people that should be noticing these mistakes are getting bought so they do not notices and predict what is to come.
What the hell were they doing w/ those rediculas profit margins they were having all of those years?  As for the CEOs i would like to know if they are losing their 10 million dollar properties, there SLK 550 Benzo with the AMG package, their private jet time share, or there 5 vacation properties and yacht? Mean while the guy that does the dirty work for this donkey lives in a hose the size of the CEOs one of many kitchens that he never uses but 2 weekends out of the year. I have an idea, give the people that are losing their jobs a place in their bosses houses i'm sure they don't need the space and they have plenty of extra room.
Its stupid CEOs that are looking out for other stupid CEOs, and we the people get screwed while they are playing golf in Maui on a Wednesday