Madoff: Just one of the many

Folks I have been telling you for a long time, wall street is a big scam. Only way to play the game is to be on the same side of the scammers in an legal way. Madoff was running a Ponzi scheme that took some $50 Billion away from investors is just crazy but not unbelievable. The enemy is one's own greed and if you fall to greed you will get burnt in the end.
I remember selling my townhouse in Miami, Florida in 2003 and everyone called me crazy. I would always say, when there is frenzy that's when you sell your assets. A simple formula but it works and will ALWAYS save you. Always get out when the going is good and get in when everything is bad. Now I am waiting for everyone to become bullish on the markets so we can take the axe to it and timber down we will go.
The lesson here is don't get caught up in wall street and their tricks. For us regular guys and gals, we will also lose if you listen to them because they are on the opposing team and there are no ties only winners and losers.


MARKETJEDI