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« Bird's Eye View: Monday, May 3, 2010- The Money "Hokey Pokey" | Main

Bird's Eye View: Thursday, May 5, 2010- Today's Market Crash

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"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey


On Monday, I told you the stock market is different today. I said, you have to play the game differently. It's a "Hokey Pokey" market.

Here are the lyrics;

You put your money in,
You take your money out;
You put it in the bank until another shake out.
You do the Hokey-Pokey,
And wait for the next decline.
That's what it's all about!

If you continue to believe all the crap you hear on the financial channels, you'll get wiped out.

The stock market today looks more like this;

casino_floor_las_vegas.jpg

And, not this;

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The selling we have witnessed today is not "natural selling". This sell-off was not caused by mutual funds or the small investor. This selling is unnatural. The casino owners are rigging the machines and, creating a panic.

Never forget, the market is controlled by a big club. And, you're not in it!

Watch this George Carlin video, he hits the nail on the head.

Now the media is saying that today's sell-off was caused by a TRADING ERROR AT A BIG INVESTMENT BANK!

If this doesn't convince you that the market is controlled by a big club, there is no hope for you.

Disclaimer—This is for informational purposes only and is in no way a solicitation or an offer to sell securities. I am a registered investment advisor, but only provide solicited advice to clients of our firm in states where we are registered or where an exemption or exclusion from such registration exists. nothing on this website should be interpreted to state or imply that past results are any indication of future performance. carefully assess your own risk tolerance and goals before investing.