A Suggestion Re All The Posts About Da DOW N STuff ...

Discussion in 'Stock Market' started by Picaro, Aug 8, 2019.

  1. Picaro
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    Picaro Gold Member

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    they should include a cite about which stocks are moving the boards up and down in order to be useful; just babbling about 'Up 600!!!' or 'Down 1,000 !!! Cuz Trump!!!' is just meaningless gibberish. Some of these companies are so large they can move markets all themselves in these gambling frenzies, which is all these movements are, outside of commodities markets moving because of Anglo-American's biggest shareholder unloading his 20% interest for instance, that sort of thing, is somewhat informative, not just some morons running around with witless daily proclamations or other.

    Now, back to your regular fantasy dreams of great riches through Day Trading scams.
     
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  2. Mac1958
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    Mac1958 Diamond Member

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    The many posters on both silly ends who gloat about that day's direction of the stock market are doing it for nothing more than some silly perceived partisan advantage.

    They are then, predictably & unsurprisingly, strangely quiet when the market later goes in the opposite direction. Because they are hypocrites.

    I've even seen them gloat about FUTURES before the market opens, which is even MORE absurd.

    Not to be taken seriously, at all. A waste of bandwidth.
    .
     
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    Last edited: Aug 8, 2019
  3. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ Three things move the market, fear, greed, and uncertainty. When the retail investors read AP news stories like the attached photo, they dump their shares in a panic. How does the AP know what individual investors are feeling? And mid day they stopped being nervous and bought back in? Then there is computer program selling That makes things worse.
    7D8D2D60-2892-4027-B4C1-2836358566D1.jpeg
     
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  4. Picaro
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    Picaro Gold Member

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    I find mindless computer trading to be particularly annoying, given how many companies have been wiped out by crappy bugs in their software, not to mention the failure of Long Term Capital Mgt., run by alleged 'Jeenyuses' with Nobel prizes in Economics and a staff of 'math wizards' running arbitrage scams; wonder who these idiots think writes software, hyper-intelligent martians? I would ban it.
     
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