posted on Jul, 24 2007 @ 08:57 PM
Whatever conspiracy exists for the stock market sure didn't work today. The expected profit taking and sell-off pushed it back down again.
The U.S. stock market is the most democratic institution in America today. 70% of all securities are held by individuals, with nearly 50% in lots of
less than 100 shares. Forget that corny corporate oligarchy conspiracy whacktalk about the stock market. Large corporations are now only a minor
player. The U.S. stock market is owned and controlled by the average Joe Paycheck, with his IRA, 401k, pension fund, and his personal savings.