Most of what we hear on TV from CNBC/Bloomberg is about trading not investing. Investing involes a different mind set, a lack of talking heads. Trading is all about the news.
But most of the people I sold my GM and banks to were, for stock trading purposes, clueless. They are part of the ongoing stream of victims in this utterly cruel bear market. They are human beings with IRA's or pension fund managers who should have been suit salesmen. The dark comedy of the constant stream of bad ideas coming out of DC is obvious but, after a while, it's hard not to notice you're making a living selling stocks to folks who have no business buying them.
You can not take trading or news items and invest only trade. If none of this makes sense get out of the stock market now. Please.
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