http://www.fool.com/investing/general/2014/08/12/an-honest-stock-market-update.aspx
Just for the added fun: http://www.fool.com/investing/general/2013/11/14/stupid-things-finance-people-say.aspx
Nineteen-year-old Travis Baker spent the afternoon day-trading penny stocks because his prefrontal cortex isn't yet fully developed and he couldn't recognize risk-reward trade-offs if they hit him in the face.
I'm generally not a Fool fan, but if more of their stuff was as good as this, I surely would be.
Slightly on a tangent but can someone explain if this is a chicken and egg scenario / one giant loop? Where does it start and end?
If the S&P 500 is going to get to 2500, we will have to get through 2300 first!Support is at 1950, but if we go through that, next stop is 1900, and we don't hold 1900 we will go lower!
Quote from: NC_MJ on September 02, 2014, 08:58:05 PMIf the S&P 500 is going to get to 2500, we will have to get through 2300 first!Support is at 1950, but if we go through that, next stop is 1900, and we don't hold 1900 we will go lower!My prediction for tomorrow:Either more people will want to sell than buy and the market will go down or more people will want to buy than sell and the market will go up. Sorry, I don't do numbers. My crystal ball says "waiting for updates....."
"More buyers than sellers."This is the equivalent of saying someone has more mothers than fathers. There's one buyer and one seller for every trade. Every single one.