On Friday We Said ‘It Doesn’t Get Any Scarier Than This.’ We Were Wrong: It Did.

It Did Get Scarier (ZeroHedge, Oct 13, 2014):

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3 thoughts on “On Friday We Said ‘It Doesn’t Get Any Scarier Than This.’ We Were Wrong: It Did.

  1. 85-90% of all transactions are high frequency skim and sell transactions.
    Only 10-15% are real investors, and they are sitting quietly on the sidelines.
    Between 1929-1933, the US market lost 90% of its value.
    In light of the types of transactions that now dominate the entire market, a trillion dollar loss is a drop in the bucket…………all transactions are sales, nobody keeps any of it. Skim and sell, the key is sell.

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