Monday, September 21, 2009

Wrong, Wrong, Wrong

There is a TV commercial where your day trading skills can be improved by plotting and watching trends on stock values. My belief is that this is wrong - a capitalistic sin. People are making trades not on the intrinsic value of a stock, but rather the lemming mentality of it going up or down. No wonder we end up with overvalued stocks and ready to burst bubbles. Why we keep ending up with the rich getting richer and the rest of us with nothing to show for it - not even products of worth.

ChrisZ