On 2018-04-21 22:40, Jolly Roger wrote:
> On 2018-04-21, Wolf K <
wol...@sympatico.ca> wrote:
>> On 2018-04-21 13:37, nospam wrote:
>>> In article <
fk1995...@mid.individual.net>, Jolly Roger
>>> <
jolly...@pobox.com> wrote:
>>>
>>>>> Apple's iPhone X is likely to be discontinued this year if
>>>>
>>>> "Apple iPhone production slowdown: This happens every year and hits
>>>> stock every time
>>>
>>> intentionally. follow the money.
>>>
>>> 'market analysts' release these 'reports' to manipulate the stock price
>>> down ahead of quarterly earnings reports (and not just apple either)
>>> for their own personal gain and their clients.
>>>
>>> even a small change can be *very* profitable.
>>>
>>> they should be thrown in jail.
>>
>> Why. For fooling other gamblers? The very essence of gambling is to be
>> fooled.
>
> If the stock market was gambling it would be illegal in many places in
> the USA where gambling is prohibited. Manipulating the market for your
> is something people are often locked up for, but more often than that
> corporations and the people who run them get away with it due to
> corruption of government by special interests. Your 401K and many
> things you depend on in turn depend on the stock market not being
> illegally manipulated.
Valid but unsound argument, since the stock market _is_ gambling. Just
like betting on the horsies. You study the form, then you place your
bets. I've done it. The only time I lost money was when I bet on a
company whose product and market I didn't understand. I took a friend's
advice, always a bad idea. I never bet more than I could afford to lose,
just like at the track. But I gave it up after a while, took my
winnings, and bought a car for cash. Never had to finance a car again,
so I came out ahead in more ways than one.
BTW, my pension plan is invested in dividend paying companies, real
estate, bonds, and stuff like that. Being in Canada, it's not allowed to
bet on the stock market. I do have a mutual fund that bets on the
market, they dropped a few percent in the last quarter: the Trump
effect, apparently.
Have a good day.