- #36
Smurf
- 443
- 3
So basically you're saying that I think I'm better than I really am?Jonny_trigonometry said:If I gave you an anagram like "chamusat" and also said that the answer is "mustache", and I asked you how long you think it would take you to figure it out, you would probably give me an answer that would be less than the actual time that it wouldn've taken you.
... WHAT? That doesn't make any sense!If I was able to organize a massive sell off by running a secret club with loyal followers (who possesses most of the money in the stock market), I'd rely on people's inability to predict the future. If you're a regular non-mason stock broker who can only react to this, and you see your stocks start to fall extremely fast, what would you do? would you assume that the past dictates the future and let them fall further, and have to explain to all your clients that you lost their money? or would you make the same assumption and cut your losses? or would you sit there like a bump on a log, and not make any assumptions? People do try to predict the future, that's what the market is all about, and although they aren't 100% correct, they are better than 50% correct, otherwise the market wouldn't increase at all.
1. If you possesses most of the money in the stock market, any decrease will hurt you more than anyone else, because YOU OWN MOST OF IT!
2. Hindsight has nothing to do with the stock market crash! Once it started people panicked and started selling, that increased the rate of decline. It started because someone said to themselves "Hey! This can't keep going up forever, so I think I'll cut my profits and get out while it's safe" Eventually enough people sold enough stocks in 1 day that the stock market stopped rising. When it stopped rising some people got scared and started to sell. Then it started going down, so more people got really scared and they sold... See how that works? You don't need to have a degree in economics to figure it out, it's basic economics and history today. It wasn't caused by any conspiracy. It was inevitable.