Why is the market so stupid and wrong most of the time?

LOL



And to the thread starter-

The market isnt wrong as theres nothhing to compare it to.

The 'market' is all there is, you just have to leanr how to lay the game and then play it hard

 

Nonsense. The media is as much a mushroom as anyone here, and perhaps more so than some.

 

Supply and demand

 

deception of course. the market has been foooled many a times...ENRON, WCOM just to name a few. It doesn't matter that 2 participants agreed on a set price at a set time and date...The pricing mechanism was fooled into a certain level...which we can see how quickly it adjusts when the Market catches on...peace

 

The market is what it is.
( I'm not touching "It depends on what your definition of what the meaning of is is.")
What it is to you is totally dependent on on you and what you bring to the table.You must bring to the market more than what you see the market doing.It is difficult to recognize false anomaly just by looking at the chart.

 

The market is the media ( passes information to us) and is like the media ( TV – newspapers etc).
Lots of information emanates from it, the majority of it is worthless and noise, but with digging, gems are found.
In other words, believe little, don’t be fooled, make your own decisions, don’t be led by the nose from those who profess to be the ‘authority.’
The market is the biggest gambling hall for con artists, but one can gain from the con, when you realise it’s all a con.

But OP knows this, just a nice thread topic to remind us.

 

Because the market is like a gigantic social douchebag.

It's like the horrible music that you can't stand to listen to, yet it is popular.

It's like the schmoozing asshole who you can detect is being fake, but everyone else seems fooled by his asshattery, and as a result you think that they're all morons, too, for falling for it.

It's the retarded infomercial or mile-long sales page that you can see right through, yet all the idiots end up buying from it.


It's not about being "right."

It's about "what are all the idiots going to do and how can I capitalize on it."

 

The public sector does that ALL the time. The California legislature was deadlocked over their deficit problems for months.. so finally they settled it. A week later they announced that they had a tax income shortfall due to the downturn and they need another eight billion.....

 

academia would say the market is always right.....