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A comment on Dow plunges 1000 points. Parent comment

Re:Dow plunges 1000 points by poke111 on Monday February 05, 2018 @04:40PM (#16312470)
No. The gambler's fallacy is when we ascribe dependency to independent events. Stock performance tomorrow is very much NOT independent of stock performance today, e.g. "market correction"
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Re:Dow plunges 1000 points by enoch_r on Tuesday February 06, 2018 @02:45AM (#16314943)
There is a pretty strong empirical support for the random walk hypothesis, the essence of which is that performance tomorrow is independent of performance today.
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