08 Oct 2008
Not brain surgery…
“Feds” cut interest rate by .5% to lower it to 1.5% stocks bounce up….and then back down again! OMGWTFBBQ?!?
Hellooooo? There are STILL PEOPLE PLAYING THE STOCK MARKET, that is what it is there for isn’t it? To create a whole bunch of UNNECESSARY JOBS, for the whole purpose of not moving around a lot of stocks and money.
Of course stocks are going to sell like hotcakes once they go back up, because you have people who are buying them cheap and selling them high to make a profit.
Why are the markets ignoring this obvious ploy? A better question is why are the markets improving on BELIEFS?! Some speculators say “If the Feds do this or that” and people jump for joy and everything is right as rain, to borrow a phrase. But then then same speculators will say “It’s going to be a bad day for…” and it’s the end of the world.
How about we get rid of the speculators and just let the chips fall where they may? The markets SHOULD NOT be so influenced by mere OPINIONs, regardless of who they come from. That right there, tells me way to many people are playing the stock market in an attempt to get rich fast, and that is another reason why we are in this downward spiral.
It’s like advertising….instead of wasting hundreds of millions of dollars on marketing and commercials…why don’t you simply improve the product? In this day and age, people are going to buy what they buy…there is NO WAY to prove your advertising works! Even with surveys, people are always going to answer the questions how they feel the surveryor wants them to be answered, so the results are going to be skewed! Advertising is like the econmy sinks in MMOs, it is just there to keep things in check. In the real world, I don’t believe it is necessary!