Article Image

IPFS News Link • Federal Reserve

Charles Nenner Warns: "Easy Money's Not Going To Work Anymore"

• https://www.zerohedge.com, Tyler Durden

Nenner explains, "The clever institutions I work with were selling all the time when the S&P was around 3,000, and the small investor and public were buying, buying and buying..."

"The clever money was so happy then...The small investor buys and all the time they (clever money) get a chance to sell, sell and sell until they are finished selling. Then, suddenly something happens. Then the small investor who holds the cash and he's in a crisis, and here we go down. I always stress to the small investor, understand how this game works.

Day before yesterday, the Dow was down 1,000 (inter-day). I heard one person say maybe you should sell. It's always buy, buy, buy. They don't do anybody any favors because there are so many losses. I never hear CNBC say sell, sell, sell. So, it's a crooked game."


PirateBox.info