posted on Jan, 18 2018 @ 11:25 PM
originally posted by: dashen
a reply to: Byrd
so youre calling coincidence on that one?
I'm calling it inane. The DJIA goes up and down at the least bit of news and anyone who buys and sells stocks knows this and uses the news to manage
activity. There was an almost 100 point drop this morning between 9 am and 11:30 am, for instance. That's "business as usual" for the stock
But to trot that graph out as if it's significant is just plain silly. There were days with bigger losses during Trump's first year. The news that
day didn't impact the market for more than 24 hours and sure didn't stop it or put it in freefall. The dip on 12/28/17 made more of a dent (as you
can see if you just eyeball last month's DJIA) Ditto May 1 and any number of dates.
Look at the graphs. Heck, look at the other indexes for that day. Then look at the yearly graphs for all the indexes and see if you can actually
spot the dip (I can save you the trouble and say that it's not apparent but I am also honest and will say "please DO go and confirm this for
Someone is either ignorant of how the stock market moves (i.e., never directly invested in the stock market for themselves) or is trying to put out a
false narrative of persecution.
And on a side note, I hope you will be interested enough in the market now to follow a favorite stock (even if you don't invest in it) and learn how
the market works and how investors buy and sell stocks and futures. It's quite interesting and you can play small-time... and sometimes you come out
quite a bit ahead.