Todays Rally Is What I Call A SUCKER RALLY..... A Sucker Rally is like an illusion. It draws you into buying thinking that all is going UP. But actually a few index heavy stocks go up. The rest of the market is EITHER DOWN or FLAT mostly. But the people who think that index going up is actually THE BEST indication of the ENTIRE MARKETS SENTIMENT, JUMP into the market and buy into the illusion thus declaring themselves SUCKERS. Decide for yourself if you want to be one. And in a sucker rally, the only account that wins is THE PROP ACCOUNT of the Brokerage House because they off load their holdings onto the SUCKERS who in other RESPECTABLE TERM is called A CLIENT. LOL. And BTW, A Sucker Rally is a REAL TERM in the biggest market of the world, Wall Street. Nobody will tell you this because its used mostly amongst the Market Professionals and can not be uttered in front of a client. LOL
Posted on: Mon, 19 Jan 2015 07:48:51 +0000
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