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Market oesn't respond to any logic
- Thread starter oktiri
- Start date
boo hoo hoo did you short and forget to cover?
If you have any money left just buy now and do nothing for the next 14 months.
If you have any money left just buy now and do nothing for the next 14 months.
Fear.
Quote from MrDODGE:
Poor people buying now thinking the market has reached a bottom. They will soon experience the reality of their decision.
How much lower do you really think it can go? There is enourmous support in the 7700-8200 level. So far all econ data has been in line or better than expected. Even many people who are bearish aren't shorting.
Quote from GermanTrader:
Fear.
Exactly, market is 100 % emotional.
it's not news driven
it's not earnings driven
it's not gov intervention driven
it's NOTHING driven.
Pure concentrated Fear. Fear that they'll miss the rally from the bottom, fear that it'll go even further down.....nothing logical
Quote from stock_trad3r:
How much lower do you really think it can go? There is enourmous support in the 7700-8200 level. So far all econ data has been in line or better than expected. Even many people who are bearish aren't shorting.
Are you stupid, delusional or high ? Did you look at the jobs report this morning, what do you call that ? positive economic data ?