To: MeneMeneTekelUpharsin
The market reacted by 550 points immediately upon the news... and about 60 points all day after that. The market had its emotional reaction, and then went back to business. The loss will be regained within weeks. Markets dislike uncertainty, and the result was a surprise... and nothing more.
26 posted on
06/25/2016 1:38:42 PM PDT by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
To: Teacher317
Probably exactly right. However, I know nothing.
30 posted on
06/25/2016 2:24:08 PM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: Teacher317
I just thought it was an overreaction. As I said, my oil stocks barely budged and the gold stock went up significantly. I didn’t panic and probably a lot of other investors didn’t either. So, why the big movement in stocks? Also, futures are showing another bit drop on the Dow and Nasdaq coming up. Wonder if that is legit?
36 posted on
06/25/2016 7:39:08 PM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: Teacher317
Dow futures now down only -105. So, back to the original premise that the whole thing is a deceptive setup.
37 posted on
06/26/2016 6:43:07 PM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: Teacher317; Hot Tabasco
The market reacted by 550 points immediately upon the news... and about 60 points all day after that. The market had its emotional reaction, and then went back to business. The loss will be regained within weeks. Markets dislike uncertainty, and the result was a surprise... and nothing more.I know nothing...even less than weeks....
38 posted on
06/29/2016 10:51:18 AM PDT by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson