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Blood in the streets

Oct 25, 2018 at 07:46 AM CST
+ 2
There is an old expression that says when there is blood in the streets there is money to be made.

Wall Street is bleeding all over the place. The entire market across the world is bleeding. A lot of this is just a market correction with individuals taking their profits as typically happens in October almost each and every year. When this occurs the puppet masters start looking for the easiest prey to make their profits from. It just so happens that the easiest prey is the transportation industry (mainly truckers).

Why is this the case? Most truckers do not understand how to run their business based upon profit margins nor do they understand that they are tied directly into the stock market. When the market is banging, freight is banging. When the market tumbles then freight likewise tumbles. We truckers are slow to catch on to this concept and often times make unwise decisions that will lead to our eventual demise. I myself have been caught in this pattern a couple of times, always forgetting what goes up must come down.

For those that can ride out this bad market correction and get prepared to bang it for everything you can in November and December.
Replied on Thu, Oct 25, 2018 at 02:13 PM CST
+ 1 - 5
The main comment that is being made internationally is that your president's tariff situation has a lot more to do with the present atmosphere than wall street does.