abraham lincoln had said
"you can fool some of the people all of the time,
and all of the people some of the time,
but you can not fool all of the people all of the time.
alas, lincoln lived in an era
when stock markets weren't there
and hence
he didn't know about
the big pocket operators!
those who are against the operator position
lose.
if the majority is on the side of the operators
the operators change the side.
so, only a minority on the side of the operators
make some money.
interestingly
when operators do their maneuvering
some smart
cheeky traders
do manage to snatch away
some or good money from operators.
operators know that
but don't mind that.
also,
there are traders
who don't let the operators
take their money easily.
they refuse to take the bait.
operators don't mind even that.
it is all part of the tiny expense
they have to incur
for mass trapping.
moreover,
the operators know
that sometime someday
even these cheeky traders
will return their money.
in the words of jesse livermore
"the beauty of doing business
with a crook is
that he always forgives you
for catching him,
so long as you don't stop doing business with him."
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