Comments on: The stock-market panic abates

By: benelux

benelux — Fri, 18 Jun 2010 13:54:25 +0000

CDNrebel:

What’s easier to predict, market trends or the weather? Like the weather, we’re at the mercy of forces we don’t fully comprehend and that leaves us with making assessments on how to act on relatively current conditions. You may plant a seed in the Fall hoping for the right balance of sun and rain in the Spring, but the yield is less than certain.

By: minipaws

minipaws — Fri, 18 Jun 2010 10:19:00 +0000

If the average american was stupid enough to sign mortgage contracts that they couldn’t afford, then they are stupid enough to invest in the market without really caring what’s going on in the world.

By: Gotthardbahn

Gotthardbahn — Thu, 17 Jun 2010 16:36:37 +0000

It has been said elsewhere that markets that fail to drop on bearish news are not bear markets, and vice versa. Equities do appear to have shown some staying power with some rather bad news recently – some of it, like the Moody’s downgrade, not previously discounted – and has actually gained. Perhaps the market is trying to say something.

By: CDNrebel

CDNrebel — Wed, 16 Jun 2010 22:30:40 +0000

If day-to-day moves are meaningless (for the most part) then why should week-to-week be so much more meaningful?

that’s why the broad trendlines (low-end) start at 50 days…

By: jon_bonanno

jon_bonanno — Wed, 16 Jun 2010 22:20:31 +0000

I’d say your dressing up a swine with lipstick, but beauty is in the eye of the beholder, Felix. Please, no phone calls tomorrow, complaining of a brutal hangover and bacon in your bed.

By: absinthe

absinthe — Wed, 16 Jun 2010 21:06:35 +0000

I’m pretty sure that picking the direction of volatility is only slightly less foolish than picking the direction of markets. Better to look where we are than to guess where we’re going.