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Phil Davis on BNN
Phil Davis on BNN
Phil is interviewed on the Business News Network. In this video clip, Phil talks about the stock market, when to make bets, what's driving the market (hint: not fundamentals), options trading (sell premium!), retailers, and the Occupy Wall Street movement. He also discusses how the markets are a rigged game, they're unfair, set up for the benefit of a very few. Knowing that can help us play the markets. ~ Ilene
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http://www.youtube.com/watch?v=omqe2gWZgGg&feature=uploademail
Uploaded by TheRealNews on Oct 24, 2011
Bill Black: If I marched with Occupy Wall St. to the New York Fed, this is what I would demand
You mean this Phil?
This is our chance to answer that call. This is our moment. This is our time – to put our people back to work and open doors of opportunity for our kids; to restore prosperity and promote the cause of peace; to reclaim the American Dream and reaffirm that fundamental truth – that out of many, we are one; that while we breathe, we hope, and where we are met with cynicism, and doubt, and those who tell us that we can’t, we will respond with that timeless creed that sums up the spirit of a people: Yes We Can! – Obama’s Victory Speech
There is certainly something inspiring about seeing a guy who is just like me, with 2 young children, stand up and accept the mantle of the Presidency of the United States of America. Certainly Barack Obama has his work cut out for him but there is something truly amazing about seeing his step-grandmother’s village in Kenya gathered around the village’s only television and celebrating his victory – it makes you realize what a truly connected world we now live in. People around the world are celebrating America’s choice this morning. Clearly this country has chosen to go in a very different direction in the future and, just a clearly, there is a long, hard road ahead but I’m certainly feeling better about our long-term prospects this morning.
LOL
just another momo trader trying to fight the robots; I wish him luck, but I certainly wouldn't invest money with him.
He starts with (to paraphrase) 'Assuming Europe is fixed...'.
I didn't need to hear anymore.
Thanks, you saved me 10 min of my life.
Excellent interview.
The bottom 150 mil people knocking off the top 400 people, increases their lifestyle by 50%, not by 100%, as there are 300 mil people in US... so the incentive is not high enough yet :-)
not so fast......there are only 150,000,000 that actually work for a living. A percentage of them work in do-nothing jobs like CONgresspersons, government featherbedders, many CEOs, Jamie Dimon, Lord Blankfein, and the others who--- through their ability to access ZIRP credit from the FED---- can borrow money at .25% and lend to the government of the U.S. for 2-4%, with one click of a mouse, and take home a couple million in "bonuses"; the executives, managers, and other hangers on like vultures living off the carrion of those who actually produce something or a provide a valuable service. (he managed to adroitly quadruple a portfolio from 25,000 to 100,000, did he not?
If you wouldn't invest for that kind of return with him, then you just might be an idiot.
Robo Dosen't like this guy. Now I know why. He says Wall Street is a Rigged Game.
WHo does Robo Work For? Wall Street ? LOL