Re:Dow Falls 2997 points worst drop since 1987 crash
by akvadrako on Monday March 16, 2020 @05:40PM
(#22598210)
If anyone could predict the stock market they wouldn’t be telling you.
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Re:Dow Falls 2997 points worst drop since 1987 crash
by coliveira on Monday March 16, 2020 @05:56PM
(#22598422)
The issue is not prediction, is expectation. The market moves on expected outcomes, not on reality. The reality may change down the road, but the expectation is to go down a lot more.
Re:Dow Falls 2997 points worst drop since 1987 crash
by akvadrako on Monday March 16, 2020 @06:07PM
(#22598562)
Sorry but that's completely wrong; the marketing moving is a reality. The issue is prediction - will the market move and in which way??
Re:Dow Falls 2997 points worst drop since 1987 crash
by coliveira on Monday March 16, 2020 @06:14PM
(#22598638)
Incorrect, the market moves on expectation, anyone that has traded the market knows this. If expectations are terrible, the market will tumble, it doesn't matter what is happening right now.
Re:Dow Falls 2997 points worst drop since 1987 crash
by akvadrako on Monday March 16, 2020 @06:35PM
(#22598881)
I am only talking about one thing - the market going up or down. That’s the entire reality. Expectations contribute to that, making them part of reality.
Re:Dow Falls 2997 points worst drop since 1987 crash
by xwdv on Monday March 16, 2020 @06:49PM
(#22599032)
Forecasting that the market will drop 60% has a way of making that an expectation if enough people believe it, and then it happens, and the prediction comes true.