General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRemember last Friday when some folks were claiming the market was "crashing"
because it dropped over 300 points? Well, it currently is over 550 points higher than it was BEFORE the so-called "crash".
I point this out as a reminder that the market is volatile and that at its current levels, three digit fluctuations aren't really that dramatic when viewed as a percentage of the total market level. So the next time it drops a few hundred points, I hope folks can resist the temptation to announce that the market is crashing and that the recession is upon us. One day that might be the case, but anyone who thinks they can tell that from a 1 or 2 percent drop in a single day is fooling themselves.
A HERETIC I AM
(24,321 posts)LOL! On THIS board? Best of luck!
tinrobot
(10,848 posts)Tariffs are announced against yet another trading partner. Market instantly drops. A short time later, the market rebounds.
I think some people are actually trading on this pattern, which will amplify it a bit.
unblock
(51,974 posts)sell 2 minutes into the speech, buy back 15 minutes later.
lapfog_1
(29,166 posts)selling short just before the 300 point drop and buying back in just before the bump when either the "tariff" is delayed or canceled.
gee I wonder, could it be...
unblock
(51,974 posts)nykym
(3,063 posts)tRUMP and his corrupt court of jesters.
Create a fake emergency make the stock market wobbly.
Buy up huge blocks of stocks, wait till the market jumps back up and
CASH IN!