Reflections on the yo-yo market week

Subject: Reflections on the yo-yo market week Sun Aug 14, 2011 3:58 am

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/13/BUFE1KMOM9.DTL

Quote :: Bartholomew says he agrees with Mark Cuban, who said in a blog post
last year that Wall Street is no longer a place where companies raise
capital and investors make money spotting undervalued stocks or
committing to a company and growing with it as a shareholder. Instead,
it has become a platform to be exploited by professional traders with no
regard to individual companies.
These traders "are in it strictly for the gamble. They are gambling with other people's lives," Bartholomew says.

Subject: Re: Reflections on the yo-yo market week Sun Aug 14, 2011 5:41 am

If you recall, I called investing in the stock market "gambling" in another thread.

Subject: Re: Reflections on the yo-yo market week Sun Aug 14, 2011 5:42 am

I do recall, DK.

Ann

Subject: Re: Reflections on the yo-yo market week Sun Aug 14, 2011 11:28 am

Yep, right on target.