Quote:
Originally Posted by Slava
That can only be because you don't see the wider implications?
I take no pleasure in saying that the markets are headed lower....a lot of people are losing a lot of money, which in turn means that they either (A) can't retire (B) will go back to work or (C) will see their already limited income be reduced further.
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In my opinion Hedge Funds are one of the reasons ordinary people are losing so much of their wealth.
I don't take pleasure in the market correcting, don't get me wrong. But I do take great satisfaction in seeing one of the most rogue and dangerous segments of the market taking the shortest haircut.