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Today might be a bad day in the market.

 
Jake101
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User ID: 1013199
United States
08/16/2010 05:16 AM
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Today might be a bad day in the market.
I'm not trying to make a 'prediction' or anything of the sort. While the Asian/European markets are trending slightly down, and any other time I'd suspect our market would be up (after the fall of last week, there seems like a lot of potential good buys,) I was surprised to see the futures down.

In fact, looking around on the various market floors there seems to be a very gloomy (more than usual) atmosphere, and watching Bloomberg and seeing some surprising indicators, I just think today has some potential to be a somewhat bad day.

But now that I've called it down, I suspect we'll be up 10,000 points and it will be the best rally in history :P
Anonymous Coward
User ID: 898092
United States
08/16/2010 05:22 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.

it's okay..


don't panic.
Jake101 (OP)

User ID: 1013199
United States
08/16/2010 05:24 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.

it's okay..


don't panic.
 Quoting: Anonymous Coward 898092


Difference is you don't have a lot of control over what happens in the subway. You can't turn on the news and say "Huh, the subway seems to be preforming unnaturally poorly today."

Ignoring indicators is never a good idea, even if the premonition doesn't come to pass.
Anonymous Coward
User ID: 898092
United States
08/16/2010 05:26 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.

it's okay..


don't panic.


Difference is you don't have a lot of control over what happens in the subway. You can't turn on the news and say "Huh, the subway seems to be preforming unnaturally poorly today."

Ignoring indicators is never a good idea, even if the premonition doesn't come to pass.
 Quoting: Jake101



exactly...you don't have a lot of control in the stock market either...so if you are in and skeptical get the fuck out of it.

problem solved.

don't play a fool's game, if that is what you believe it to be.

noone is making anyone participate.
Anonymous Coward
User ID: 983460
United States
08/16/2010 05:26 AM
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Re: Today might be a bad day in the market.
We will see - if the DOW goes sour all week, a strike on Iran could be very, very, very soon...
Jake101 (OP)

User ID: 1013199
United States
08/16/2010 05:29 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.

it's okay..


don't panic.


Difference is you don't have a lot of control over what happens in the subway. You can't turn on the news and say "Huh, the subway seems to be preforming unnaturally poorly today."

Ignoring indicators is never a good idea, even if the premonition doesn't come to pass.



exactly...you don't have a lot of control in the stock market either...so if you are in and skeptical get the fuck out of it.

problem solved.

don't play a fool's game, if that is what you believe it to be.

noone is making anyone participate.
 Quoting: Anonymous Coward 898092


I have tons of control over my participation in the market. You're telling me to ignore market indicators (as though commenting on it is panicking,) and comparing it eating bad food.
Anonymous Coward
User ID: 898092
United States
08/16/2010 05:35 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.




I have tons of control over my participation in the market. You're telling me to ignore market indicators (as though commenting on it is panicking,) and comparing it eating bad food.
 Quoting: Jake101


dude do whay you want...play the market, i hope you win..i don't care.

eat bad food i don't care.

eat good food i don't care.

but tomorrow might be a bad day..

you sound like a secret pessimist who plays the market.

if you have tons of control

you have a thread titled, 'i have tons of control of the market so whether it goes up or down doesn't mean a damn to me because i hedged properly'

why the mopey title.?

hf
Jake101 (OP)

User ID: 1013199
United States
08/16/2010 05:36 AM
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Re: Today might be a bad day in the market.
today might be a bad day in the subway too..

you just never know.

it also might be a bad day in the bathroom depends on what you ate the night before.




I have tons of control over my participation in the market. You're telling me to ignore market indicators (as though commenting on it is panicking,) and comparing it eating bad food.


dude do whay you want...play the market, i hope you win..i don't care.

eat bad food i don't care.

eat good food i don't care.

but tomorrow might be a bad day..

you sound like a secret pessimist who plays the market.

if you have tons of control

you have a thread titled, 'i have tons of control of the market so whether it goes up or down doesn't mean a damn to me because i hedged properly'

why the mopey title.?

hf
 Quoting: Anonymous Coward 898092


Because there's a lot to "mope" about. The indicators this morning are very strange. Those interested in financial "games" as you call them, will likely be interested in what I pointed out. It could, and very likely is nothing. However, it deserves a double take.
J.P.Morgan
User ID: 1069450
China
08/16/2010 05:49 AM
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Re: Today might be a bad day in the market.
Stock Market down? Thats good news if you don't have stocks.
Bulltard
User ID: 1067039
Canada
08/16/2010 07:11 AM
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Re: Today might be a bad day in the market.
The Shanghai index was up over 2% last night?

Today will be fine. Either a rally or flat by end of day.

No soom.
Nightshade

User ID: 599165
United Kingdom
08/16/2010 07:20 AM
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Re: Today might be a bad day in the market.
The Shanghai index was up over 2% last night?

Today will be fine. Either a rally or flat by end of day.

No soom.
 Quoting: Bulltard 1067039


All other Asian markets were down. You picked the single market that bucked the trend.
Anonymous Coward
User ID: 1063135
United States
08/16/2010 07:26 AM
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Re: Today might be a bad day in the market.
Today might be a good day for you to grow a pair!
Anonymous Coward
User ID: 566027
Netherlands
08/16/2010 07:30 AM
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Re: Today might be a bad day in the market.
The Shanghai index was up over 2% last night?

Today will be fine. Either a rally or flat by end of day.

No soom.


All other Asian markets were down. You picked the single market that bucked the trend.
 Quoting: Nightshade


That is because China JUST overtook Japan as the world's NUMBER TWO largest economy.

I think Jake is right. Today could be dangerous to the downside. As in 200 DOW points down if lucky and 300 if things are really in a bad form.
Anonymous Coward
User ID: 1069715
United States
08/16/2010 07:36 AM
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Re: Today might be a bad day in the market.
People talking about the stock market as if it were real is kinda funny. It's like listening in to conversations in the psyche ward.
easymindfuck

User ID: 1068718
Netherlands
08/16/2010 07:41 AM
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Re: Today might be a bad day in the market.
People talking about the stock market as if it were real is kinda funny. It's like listening in to conversations in the psyche ward.
 Quoting: Anonymous Coward 1069715

Loosing a month's wages is pretty real, gaining also. It could buy you real good psychic drugs.
Of course it is all money gained without production and could be very detrimental to economies, but also that is rather real.
Time is a great teacher, unfortunately it kills all its pupils.
Anonymous Coward
User ID: 527834
United Kingdom
08/16/2010 07:58 AM
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Re: Today might be a bad day in the market.
Thanks, top tip. Have you considered becoming an economic pundit?

Tomorrow it might rain somewhere... But who F***ing knows for sure?
Anonymous Coward
User ID: 1067039
Canada
08/16/2010 08:00 AM
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Re: Today might be a bad day in the market.
People talking about the stock market as if it were real is kinda funny. It's like listening in to conversations in the psyche ward.
 Quoting: Anonymous Coward 1069715


What's funny is people thinking that stock market moves are based on any kind of news.

Either journalists/bloggers find a news item that in hindsight 'explains' the price movement (like an Irish Bond auction, or the GDP of Lithuania or one company buying another company) or the come up with a 'reason' why a particular expected news item like the FOMC meetings meant a change in direction for stocks.

Some 70-80 % of trading is done by computers. And guess what? They don't read newspapers.
Anonymous Coward
User ID: 582017
United States
08/16/2010 08:00 AM
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Re: Today might be a bad day in the market.
Naw just another day in paradise nothing is what it seems any longer when it comes to wall street.
Anonymous Coward
User ID: 496282
United States
08/16/2010 08:14 AM
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Re: Today might be a bad day in the market.
maybe - maybe not -


Sort of the nature of the Stock Market Genius !


LOL

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