Is a 2nd crash more or less likely?

Discussion in 'Psychology' started by Pekelo, May 18, 2010.

Is another crash more or less likely?

Poll closed Jun 7, 2010.
  1. Less likely

    11 vote(s)
    22.4%
  2. More likely

    27 vote(s)
    55.1%
  3. The same

    7 vote(s)
    14.3%
  4. I don't know

    4 vote(s)
    8.2%
  1. Pekelo

    Pekelo

    Completely irrelevant and wrong analogy, because there is such a thing as market psyche and computer programers learning from the past.

    The dice has no memory...

    Today after -350 we could have gone to -700, but instead we rallied 180 points... There you go...
     
    #11     May 20, 2010
  2. Pekelo,

    So by this logic you are saying that the market has a memory therefore what happened in the past is relevant to what will happen in the future. Is this what you are saying here?
     
    #12     May 21, 2010
  3. Pekelo

    Pekelo

    of course it has a memory. We still remember 1929 or 1987, and we obviously remembered the 1056 low on May 6th...
     
    #13     May 21, 2010