sydney suicide , page-29

  1. 17,444 Posts.
    lightbulb Created with Sketch. 57
    pc40

    After 911 the US suspended trading for a time.

    During that time, the common messsage was "let's show those terrorists that they can't affect us, lets buy when the markets reopen".

    And what did they do?

    When the markets reopened, everyone sold, because self interest came before "patriotism".

    Closing markets are supposed to give people time to think.

    The fact is that it actually allows fears to grow.

    What we see in the current market environment is that "intervention" is just a time waster.

    I was going to say "the more you try to calm or adjust markets, the longer it takes to reach its conclusion".

    The fact is that the cycles or dates are already in place and the "authorities" keep making "moves" until the preordained bottom.

    When the market finally bottoms, then whatever the intervention that finally occurred, is placed in history as the "key" to turning a market.

    If my hop skip and jump happens as the sun comes up then I must have made it happen. Funny thing is, next time I try it it doesn't work.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.