[quote=Coronita]I mean, maybe it’s just me, but it just seems really strange when the world seems to be on fire and crashing and burning, we get all this flury of activity here posting about how awful everything is, how things are going to continue to burn down, 50% off, can’t wait to make serious money on things, yada yada yada.
But when things aren’t that bad, when things recover, it’s like you can hear the crickets chirping.
It seems like this board has a propensity to celebrate failure, misery, crashes, people getting screwed…And I would even say that people actually enjoy seeing misery and hate anything positive.
I’m wondering if there is any case study about the growing trends of depression and a propensity of people gravitating towards negativity.[/quote]
the world is crashing, but the stock amrket isn’t the world, or the economy. it’s something else. more symbolic, more magical.
it tends to go up, as the shamans decree it must. and it does. augurs, seers, soothsayers. tell us the future
that’s what we love; the sense that it is all comprehensible, all analyzable, that it makes sense.
but it defeinitely does not.
patterns of charts, are no different than reading the entrails of animals.
the financial news always explains things, after the fact,as if what happened is so clear, this caused that, therefore,t he price moved to x from y.
sure, right…
there is no reality there.
it’s the only game in town though. it’s the wampum of our time. it’s faith and fear and life and one’s salvation. it’s the only thing keeping you from being no one.
did someone mention burning skies?
burning sky? sky’s been burning in India for 3 days? good for the economy. “Lot of opportunity in a burning sky”. Marc Maron’s end times special on netflix, really funny.
me, i just have auto deposits, i assume terrible news is good news, good news is bad news, and I can’t even tell the difference between the 2 anymore. i woudnt buy more, i wouldnt buy less, i wouldnt do anything different re the stock market.
but the stock market going up, or down, isn’t misery or happiness. someone’s making money in either direction. it’s just a wave, a flow. the money doesn’t disappear, it just goes somewhere else. somewhere not so dumb.
anyone who thinks they can predict the price of the market 12 months from now would do just as well with tarot cards as raw data.
