Thursday, July 17, 2014
"Bear" Traders on Wall Street Angry that "dumb" investors are still buying stocks: Tales From Normal, Mn.: FICTION
The Wall Street trading rooms look like vacant caverns like the salt caves in St.Paul...ya where the mob during the 1930's hung out.....bear traders in hedge firms have been pretty wrong...some are still hanging on after they called for the big short when the Standard and Poors was at 1640.....most have capitulated....so they are angry...and broke...stay tuned as I follow this story.
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