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US stocks decline amid Greek worries
Published 2:25 AM, 23 Feb 2012 Last update 9:41 AM, 23 Feb 2012
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1 Comment
Ben O'Grady wrote:
There's an old axiom in investing – lighten up when you've doubled your money (US stocks decline amid Greek worries, February 23). So 666 to 1300; it's time to sell and collect some profits. Don't expect much more from this liquidity run. If Bernanke pushes it further he will live to regret the economic crash the subsequent losses will bring to the least nimble and the US will put back its economy to last century's level. But blowing bubbles is the Fed's job and Benny and the Inkjets will play on until only the bigger fools are left dancing. Unfortunately, that's usually the buy and hold pensioners and middle class, or, as the politicians and fund managers call them, 'the suckers'.
24 Feb 2012 4:31 AM
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