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Yea, it's appearing more and more like a glitch, human, structural, or otherwise. However, the sellers were real -- and increasing. I think there is a danger t
by chasingsparks 16y ago
Yea, it's appearing more and more like a glitch, human, structural, or otherwise.
However, the sellers were real -- and increasing. I think there is a danger that people will see it as only a glitch and not the beginnings of trouble. The glitch might mask the true sentiment.
- apphacker 16y agoWhy would you want a panic? The market is built on confidence, we want the market to have confidence...
- koanarc 16y agoBut not necessarily false confidence.
- chasingsparks 16y agoTo some degree, I agree with you. The stimulus was a bluff that was meant to inflate confidence and bring back spending. The market is a strong signal that, if in panic mode, may arrest gains to consumer confidence. I don't want a panic because it may lead to recession/depression round 2. However, I also believe that, if round 2 is inevitable. I'd rather fall from a lower height.