Do think that many should take all their money out of the market and let these crooks take each other's money rather than the retail investor. So many folks losing so much money. i now have nothing invested in the market. Have a few hundred thousand in a trading account and seldom hold for more than a day or two. Investors are who these crooks are looking for. JMHO After the next market crash I will invest again.
The sad thing for many is they have their money in mutual funds. Mutual funds are forced to liquidate with the selling of stocks like WLT and CLF. This just exacerbates the problem. Goldman and their crew can short more and take it lower and then cover with the shares that the mutuals have to sell. Consequently there is no bounce. They sit there and exchange shares with Goldman ringing up the cash register. I admit that i make money following their trading but many are not in the market full time and they get taken to the cleaners. Be careful out there because the market has become a mine field that takes no prisoners.
It has been very easy money as they pick a sector so they just keep taking them down. WLT is a great example. They just pulled off the offer and let it jump up 20 cents then went back on the offer. They are in total control of what will transpire. You will have to figure out what game they are playing today.