?

Log in

No account? Create an account
Let's play stock market follow the leader... straight down - Stephan [entries|archive|friends|userinfo]
Stephan

[ website | Kaustic auZzie Notes ]
[ userinfo | livejournal userinfo ]
[ archive | journal archive ]

Let's play stock market follow the leader... straight down [Oct. 16th, 2008|09:10 am]
Stephan
One person sells, and most of the other people think they need to as well. Very good example of people being naive and not using their common sense. Anything can set them off, and they demonstrate a similar sheep mentality to the lack of common sense that I was talking about in another LJ post.



The Manager in my office whose clients I support (officially I'm no longer allowed to call him "boss" due to a reshuffling of the departmental organisation) is someone whose opinion I trust very much and he says that 99% of movement in the stock market is merely fueled by fear and greed rather than actual commercial/industrial change.
linkReply

Comments:
[User Picture]From: deckardcanine
2008-10-16 04:23 pm (UTC)
That sounds about right.
(Reply) (Thread)