That’s like me at the stop light trying to predict when it will change. “1, 2, 3… change”…“1, 2, 3…change”. “1, 2, 3 change” light changes. I feel smug in my elite ability to predict the change.
You’re very correct. The market is very much a predator and prey relationship, and the justifications afterwards are for the fans at home. I once saw the whole market tilt because one man (Bill Hwang) lost his leveraged multibillion dollar position.
Jesse Livermoore said “the markets act, and the papers look for the explanation.” It was true 100 years ago and it’s true now.
That’s like me at the stop light trying to predict when it will change. “1, 2, 3… change”…“1, 2, 3…change”. “1, 2, 3 change” light changes. I feel smug in my elite ability to predict the change.
You’re very correct. The market is very much a predator and prey relationship, and the justifications afterwards are for the fans at home. I once saw the whole market tilt because one man (Bill Hwang) lost his leveraged multibillion dollar position.