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How can the market be wrong?! The market is the market.

• AnimalMuppet 7y ago
  The market today strongly disagrees with the market yesterday.
  • peteretep 7y ago
    That means the market is volatile, not wrong. For the market to be wrong, there has to be some truth against which the market is being measured, and there is only the market.
• seanmcdirmid 7y ago
  The market is based on information known by people playing it. That information can be wrong, or at least very inaccurate, meaning the market will be in an incorrect position that will have to be corrected when better information is available. Of course, our information is always imperfect, especially about the future but even about the present, so it is constantly being corrected. So maybe being right or wrong is the wrong way to put it.
• deleted 7y ago
  [deleted]