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SPDR S&P 500 ETF Message Board

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  • texasbroker2000 texasbroker2000 Mar 29, 2012 12:21 PM Flag

    Retail sheep jumped in at the top

    That's right but now they are sucking everything they can out of their institutional clients trading back and forth.....

    Wall Street decides a trend,takes a position and creates a move thru the use of leverage and fed money....convinces institutional clients that nows the time to invest (ala Goldman's recommendation today)and the institutions chase the trend allowing Wall Street to cash out.

    That's why contraian trading works and long term investing (retail investor) doesn't

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