Re:Trading halted as U.S. stocks plummet
by senordevnyc on Monday March 09, 2020 @10:06PM
(#22532101)
It’s not optimism that stocks will only go up, but it’s optimism that they won’t suddenly go up or down by too much, which is generally to be avoided unless you’re a trader.
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Right, but “not go up too much” isn’t really the normal definition of optimism when it comes to the market. If it was, an even lower implied volatility on a flat market would be irrational exuberance!