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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (40234)9/23/2008 3:44:06 PM
From: benwood  Read Replies (1) of 218083
 
speaking of using money to money instead of producing something useful to make money, I read an article in the Seattle Times a couple days ago profiling a program to retrain ex-soldiers to be currency traders.

It reminded me in a big way of an article just before the nasdaq popped of a program in a prison to train soon-to-be released inmates how to 'day trade' so they'd "have a means to support themselves" when they reentered society. Somebody, Heinz I think, hailed that folly as surely indicating the tech bubble peak (I think it was within 8 days).
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