Quote:
Originally Posted by indes
Even with the buying freeze on Thursday the funds were doubling down on shorts. I think it's their arrogance that's fueling the retail investors at this point.
OTOH the funds are probably right, the government will come in to save them and do whatever it takes to regulate back to the status quo. I don't see any way the American government let's a bunch of regular Joes walk away with a load of money from this.
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What a way for the new administration to lose the faith of the everyday person so early into their 4 years that would be. Mind you the average Joe doesn't fully understand all of the workings of this (myself included) but right now I'm happy to be sticking it to the man and already up 80%.