Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: MAJOR BREAKING: Trump has just struck Iran's Qeshm Port and Bandar Abbas according to FOX News. Qeshm is at the entran [View all]harumph
(3,384 posts)52. Bigger fool theory.
My thoughts on that -
There will be lots of fools in the market and they are a force to be contended with and fleeced. Hence, if I know when a fool jumps money falls from his pocket, I may be inclined to be in proximity to the fool when he jumps - grab his money - and make my getaway.
Smart money induces dumb money to take risks. It's why multi-level marketing schemes are successful.
Trump's social posts provide the enticement. Smart $ knows stupid money will react. Smart $ is in first and out first leaving the suckers holding the bag.
If most people learned not to throw their money away, carnies could never make a living.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
53 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
MAJOR BREAKING: Trump has just struck Iran's Qeshm Port and Bandar Abbas according to FOX News. Qeshm is at the entran [View all]
riversedge
Thursday
OP
Ditto. Someone just kindly let me know when the nukes are headed my direction....
hlthe2b
Thursday
#18
Iran targets three US destroyers near strait of Hormuz, Iranian media reports
muriel_volestrangler
Thursday
#4
Actually I don't trust fake news, the current US administration and Iran.................
Lovie777
Thursday
#6
Seems the criminal at the Resolute Desk is gonna keep escalating in hopes things get so bad Europe will jump in
Attilatheblond
Thursday
#36