Loading ...I know some people got rich during the crash because they had enough cash or assets to buy up assets on the cheap. At least as far as housing they didn’t try to corner the market that contributes to the shortages along with wealthy foreigners like the Chinese which neither is brought up on the matter while they play dumb. I suppose in those days the pitchforks would of come out.
Either the Rothschild’s or Rockefeller’s got a cushy deal with a railroad to transport oil for much less , giving him the advantage over others. Also people with cash reserves went short if they could get a hold of their swamped brokers which I believe caused the rule you can’t short when it’s selling on a down tick only a up tic.
Now we have aglos and hedge funds competing and unfairly manipulating the market along with criminal manipulation like putting higher asks in then deleting them before it gets bought. I was aware of that one in options. I wonder if others will start setting aglos beating them at their own game like someone did to Ican who made a bet on malls. Then of course the criminals like the hedge funds did when they were getting squeezed out buy a bunch of kids some who never traded before even teens which was hilarious can call the brokers and have them manipulate the stock by freezing the buying to only selling when they were shorting forcefully manipulating the market to do what they want and the SEC never did anything about it. I guess for now keep laddered stops even if you think somethings bottomed cuz you can always buy it back. I figured and posted a downturn could start around mid Oct to Nov but now we have another war factor to consider on what and when to buy snd sell.