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Old 01-24-2022, 07:36 PM   #3076
dlivery
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Future is here...

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Originally Posted by myohmyjustify View Post
DON'T buy the dip tomorrow or any time in the near future. Don't get suckered in the Wall Street garbage about "reversals". It's a trap.
Billionaires fighting over pennies
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Old 01-24-2022, 07:58 PM   #3077
geroge.burns99
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Originally Posted by PaceAdvantage View Post
And just like that, it's like it never happened.....
Its so funny.....


The S & P recovers big time ....but you still lost money!!!

Happens every time

Mike
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Old 01-24-2022, 08:01 PM   #3078
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think about all the money it took to move the market up and down like that in one day

then ask yourself...whose money was that?
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Old 01-24-2022, 09:28 PM   #3079
geroge.burns99
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Originally Posted by PaceAdvantage View Post
think about all the money it took to move the market up and down like that in one day

then ask yourself...whose money was that?
My money went down ..yours went up
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Old 01-24-2022, 10:25 PM   #3080
myohmyjustify
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think about all the money it took to move the market up and down like that in one day

then ask yourself...whose money was that?

It's almost certain that this money really and truly is yours, mine and millions of other investors with savings accounts, IRA and 401(k) assets and individual investors, etc.

The top six US investment companies alone hold about $35.5 trillion in assets.

BlackRock $9.5 Trillion
Schwab $7.6 T
Vanguard $7.2 T
Fidelity $4.2 T
State Street $3.9 T
JP Morgan/Chase $3.0T

Plus, there are life insurance and P & C insurance companies, Federal, state and local government pension funds, private union pension funds such as teacher's unions and "blue" collar pension funds.

Then, there are large financial companies of all stripes that invest and manage mostly in the bonds and other fixed income arenas. The bond and fixed income market is even larger than the stock markets, in the USA and around the world. By a lot.

Simply put, pace advantage, the "market" is gi-normous to say the least.
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