Quote:
Originally Posted by GregWeld
By the way -- My point was that does anyone really know or think they know why the market works the way it does... I certainly don't. One week you're clicking on all 8 -- the next week the market is going up and your stuff is all going nowhere... They report bad news on the TV and the market goes up - they report good news and the market goes down.
I've never been able to get it.
Let's just look at Microsoft the COMPANY -- they just kill it in profit - sales - money in the bank... and Microsoft the STOCK goes nowhere for 10 years. Go figure.
Another money losing company has a decent quarter and the stock puts on $10 a share. Go figure.
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The variables are impossible to chart as the fluctuations appear to come from a multitude of news sources, industry and market rumors, and speculative opinion to list a few. Negative news appears to create more movement than positive news. Solid performance doesn't make for good headlines even though it may be a shoe-in for the Hall of Fame.
"The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable."
~ Warren Buffet