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Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,415
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To me, those effects only reflects the stupidity of traders, who overreact to news that have nothing to do with what they are trading. Greed and stupidity are to only two
parameters affecting the stocks market on such a short reaction time. I can see how the planes hijacking affected the airline industry, on the long run, but reactions to a daily event make no sense to me. Maybe Tabs can explain me how it works. My guess is that this is just fear, causing overraction to try to be ahead of everybody else.
Aurel
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
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