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Bouraq...I know this isn t a chart question but whats your opinion on the missing(I think hijacked)airplane on stocks.I m getting the feeling something is going on and ever since the plane disappeared stocks have gone lower and lower.Am I on to something that the market might be getting worried about a terrorist attack?Something to think about as a black swan.
Not a chance. This would be an absurd reason for such a small decline. How would you explain the drop in January then? I suggest you stop listening to noise and look at what really counts; charts/prices!
Every decline has its own reasons.When I first heard about the plane vanishing...I thought hijacked plane to be turned into a 9/11 style terrorist attack.I said to myself...lets see how the market takes this.Yesterday they thought they spotted wteckage...but it wasn t.Today its looking like a hijacking--which would mean uncertainty about a lot of things.Where would they send this plane?I think there are things not being said in public but to me its unmistakable about fear of whoever took this plane and what they intend to do with it.If it turns up as wreckage...watch the market go higher from there.Thanks Bouraq.
Ummm no I don't think every decline has a practical reason, i.e. January decline or 20% decline in 2011. I think you are pushing to find a reason to this decline. But it doesn't matter. If this style works out for you just keep it up.
Hi
ReplyDeleteI subscribe to your feed and I'm enjoying your charts and analysis. Would you please consider adding the DAX & FTSE?
Bouraq...I know this isn t a chart question but whats your opinion on the missing(I think hijacked)airplane on stocks.I m getting the feeling something is going on and ever since the plane disappeared stocks have gone lower and lower.Am I on to something that the market might be getting worried about a terrorist attack?Something to think about as a black swan.
ReplyDeleteNot a chance. This would be an absurd reason for such a small decline. How would you explain the drop in January then? I suggest you stop listening to noise and look at what really counts; charts/prices!
ReplyDeleteEvery decline has its own reasons.When I first heard about the plane vanishing...I thought hijacked plane to be turned into a 9/11 style terrorist attack.I said to myself...lets see how the market takes this.Yesterday they thought they spotted wteckage...but it wasn t.Today its looking like a hijacking--which would mean uncertainty about a lot of things.Where would they send this plane?I think there are things not being said in public but to me its unmistakable about fear of whoever took this plane and what they intend to do with it.If it turns up as wreckage...watch the market go higher from there.Thanks Bouraq.
ReplyDeleteComing tonight
ReplyDeleteUmmm no I don't think every decline has a practical reason, i.e. January decline or 20% decline in 2011. I think you are pushing to find a reason to this decline. But it doesn't matter. If this style works out for you just keep it up.
ReplyDeletethanks for your feedback Bouraq.
ReplyDeleteLooking forward to this!
ReplyDelete