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The drop is happening regardless. All the halt does is give space for rational thinking. Stocks actually worth something should go up whilst others plummet.
by nextweek2 11y ago
The drop is happening regardless. All the halt does is give space for rational thinking. Stocks actually worth something should go up whilst others plummet.
- toomuchtodo 11y agoPeople are panicky animals. Even fundamentally sound stocks will fall alongside the dogs.
- jazzyk 11y agoAll true, but remember that even the fundamentally sounds stocks got seriously overbought in 2015. https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=csi%20300%20index https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e... (change the chart to a 5 year view)
- toomuchtodo 11y agoThanks for that!
- hvfhhvv 11y ago* disclaimer: assumes humans are perfectly rational. May seriously damage your credit rating.