Wall Street falls after tepid earnings and steady Fed

Comments (4)
explorer08 wrote:

Are not the stock markets simply schizophrenic and irrational in these modern times? Lunging forward, backward, up, down on a daily basis with seemingly no rhyme nor reason to the common man. Professional traders may claim to understand the markets but we might just consider that the markets are……insane.

Oct 24, 2012 8:40am EDT  --  Report as abuse
Willvp wrote:

the financial world is like an orchestra, these days, playing to the direction of the conductor.

Indeed, worldwide the stock markets, the currencies all are linked and move synchronized. Manipulation galore !

A conductor strong enough to force all countries, all banks to listen to the second of what he dictates.

Wonder where that conductor has got his office?

Oct 24, 2012 9:59am EDT  --  Report as abuse

explorer08….I agree completely. Everyday is a new crisis, a new hole we’re about to plunge into, no genuine evidence other than a few words on paper. Most of the volatility in the markets is self-induced in order, I believe, to move them one way or another for profiteering. How much money is made by these daily mini-panics they whirl about in?

Speculation is one thing, panic incited trading is another.

There is something fundamentally mentally wrong with this system.

Oct 24, 2012 10:09am EDT  --  Report as abuse
Harry079 wrote:

“Stocks opened lower on Friday”

HELLO!!!! Today is Wednesday October 24th.

Oct 24, 2012 10:46am EDT  --  Report as abuse
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