Why is the market going up?

Quote from Wolfgang1756:

It is really p*ssing me off. :mad:

Obviously this is a "suckers" rally. Why are these idiots buying???

I hope all those sucked into this "rally" go broke and get unemployed! Hopefully they will add to the current 9.1% or whatever it is...

Sorry but I had to vent my frustration...
Just go to Wikipedia
and look at emotional fallacy argument or Google it.
I like logic, studied it in college years ago.
Market doesn't give a rats ass about logic.
I prefer now, to think in terms of Buddhism.
No good, no bad, no right argument, no wrong argument, no evil person, no good person, etc.
Same with stock price, buy low sell high, bad news price rises, buy, bad news stock price drops, sell.
The OP is looking for sympathy for his premise.
He didn't say what his premise was.
It's a simple emotive argument designed to appeal to feelings,
I lost in the market, it is a bad place and it doesn't make any sense that it's
going up.
The appeal to emotion fallacy presents a perspective intended to be superior to reason. Appeals to emotion are intended to draw visceral feelings from the acquirer of the information
 
Quote from J Ski:

Just go to Wikipedia
and look at emotional fallacy argument or Google it.
I like logic, studied it in college years ago.
Market doesn't give a rats ass about logic.
I prefer now, to think in terms of Buddhism.
No good, no bad, no right argument, no wrong argument, no evil person, no good person, etc.
Same with stock price, buy low sell high, bad news price rises, buy, bad news stock price drops, sell.
The OP is looking for sympathy for his premise.
He didn't say what his premise was.
It's a simple emotive argument designed to appeal to feelings,
I lost in the market, it is a bad place and it doesn't make any sense that it's
going up.
The appeal to emotion fallacy presents a perspective intended to be superior to reason. Appeals to emotion are intended to draw visceral feelings from the acquirer of the information

thats far too deep for the world is ending doom and gloomsters that populate et. but its good.
 
Quote from marceck:

How hard can it be? You buy the market in an uptrend and sell it in a downtrend. Why are you making life so difficult? Do you want to make money, or lose money?
We are trading above the 20 dma, dips will get bought. If we close below the 20 dma, rallies will be sold. That's about as simple as I can tell you what fund managers do out there in the real world.
If you think you are smarter than the market in the short to medium term, you are fighting trillions of dollars, including foreign countries buying or selling US assets. You think you will win?

thanks for trying to help, that wasn't my point, i'm just trying to say there seems to be an inverse relation between the performance for economy to the markets, if u can see
 
Quote from Free Thinker:

thats far too deep for the world is ending doom and gloomsters that populate et. but its good.

And a bit too deep for wannabe traders who couldn't write a properly-punctuated sentence to save their life.
 
Quote from MKTrader:

And a bit too deep for wannabe traders who couldn't write a properly-punctuated sentence to save their life.

hope u not mean me, anyway, not sure why this obsession about punctuations when the world is coming to an end
 
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