Monday, March 09, 2009

The Stock Market vs Online Gambling

The Stock Market used to be for investing but it has turned into on-line poker. It is not logical that a company can be valued at $30 billion one week, $40 billion a month later and $25 billion 2 months later and they made no changes. The reason is the Stock Market is nothing more than gambling. The Internet plus the Day Trading mentality has changed the overall market and the market will never be as it was. The $50 trillion lost world wide was vapor. It never existed. Unethical, dishonest, and immoral accountants, CFOs and CEOs cooked the books.

Regards,
John Jenkins
 865-803-8179  cell
Gatlinburg, TN
Email: jrjenki@yahoo.com 

"I don't know who discovered water, but it probably wasn't a fish."
---Marshal McLuhan

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