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In reply to the discussion: Are the idiots on Wall Street really this stupid [View all]lostincalifornia
(5,335 posts)6. Yes, but they aren't idiots. It is pure manipulation to try and sucker people into the market before knowing the
credibility of what is happening.
They do this bullshit all the time.
That being said, the market is still down significantly from where it was before the sociopath attacked Iran, and until the next few days determine what is actually happening, everything is just speculation as far as the market is concerned.
I don't think anyone knows what i really happening, but I do know that the war between Iran and Iraq, pushed by us under the Reagan administration, lasted for 8 years, which caused the deaths and destruction of over a million people.
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trmp knows he'll get a quick bump in the market and a temporary reduction in the price of oil.
spanone
Monday
#4
The 1000 point gain is only a partial recovery of the losses of the past few weeks
Fiendish Thingy
Monday
#13
Yes, but they aren't idiots. It is pure manipulation to try and sucker people into the market before knowing the
lostincalifornia
Monday
#6
They're not that stupid. But they know that if he's talking about a pause and peace talks and such
unblock
Monday
#17
But when you're trading in huge volume and have a lot of money, advance knowledge of what Trump's going to say
ChicagoTeamster
Monday
#31
Yes. But it is really greed and hubris which effectively lower their iq by 30 points.
markodochartaigh
Monday
#34
It gave back almost half of those gains. It closed at just +631 (which is still insane.)
Wiz Imp
Monday
#44
I almost always watch what the market is doing and do the opposite. It works pretty well.
Scrivener7
22 hrs ago
#52