Why the early morning rally

Quote from R. Raskolnikov:

Noobs wonder why this or why that, all pro's care about is reading the market fast enough to profit from the movement.

Up/Down, who gives a rats ass why, let's make money! :D
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That is the biggest BS I heard this morning. Information is the most prized asset in the world. If you don't know whats going on you'll lose money.
 
Quote from mister_doodi:

That is the biggest BS I heard this morning. Information is the most prized asset in the world. If you don't know whats going on you'll lose money.
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But is is possible to know too much. If you went all in on October 10th after the worst crash since 1987 and isolated yourself from the outside world you would actually be ahead by a nice amount.

Those who got overwhelmed by doom and gloom regarding recessions and fake financial crisis probably sold at the bottom and are waiting for the 'clouds to clear' ..lol By the time they re-enter the market most the gains will have been made.
 
Causality denotes a necessary relationship between one event (called cause) and another event (called effect) which is the direct consequence (result) of the first. Normally, effect is promoted by multiple causes where their relationship cannot be formally established. In this situation the reasoning is highly inaccurate and multiple equally probable explanations could exist. Deduction of the exact cause is highly subjective and only satisfies human’s natural desire to “understand” the reasoning. Unfortunately, we as humans are not fit to accept the possibility of not having the knowledge of a cause. We feel psychologically anxious if the cause could not be explained to us in terms that we understand. This is the reason behind many CNBC statements such as “the markets fell on worries of possible general demand contraction … “ etc. This reasoning does not add any useful information but pleases many humans by providing a “reasonable explanation” to the events that other wise would appear to us as irrational. Many market participants have this disease and cannot learn to exist without the artificial “needle” of the media rationalization.
 
Quote from tradingmonkey:

StockTrader,

Do you ever get exhausted by your unwaivering stupidity and endless failed market predictions or are you just used to it all by now?
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It's not just about predictions or bull vs. bear. It's also about providing an alternative viewpoint about the stock market.
 
There is a difference between not knowing whats going on AND having access to info few have. A lot of the time this is known as insider trading.

What I am suggesting is not worrying about the info you cannot possibly have but rather focusing on reading the market fast enough to take advantage of the moves that happen as a result of whatever moves the market that day, minute, hour etc

Quote from mister_doodi:

That is the biggest BS I heard this morning. Information is the most prized asset in the world. If you don't know whats going on you'll lose money.
More...
 
Quote from MAESTRO:

Causality denotes a necessary relationship between one event (called cause) and another event (called effect) which is the direct consequence (result) of the first. Normally, effect is promoted by multiple causes where their relationship cannot be formally established. In this situation the reasoning is highly inaccurate and multiple equally probable explanations could exist. Deduction of the exact cause is highly subjective and only satisfies human’s natural desire to “understand” the reasoning.
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can someone translate this into english....:D
 
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