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re: Is October when the bottom falls out of the market?
Posted on 10/13/22 at 10:56 am to wutangfinancial
Posted on 10/13/22 at 10:56 am to wutangfinancial
quote:I watch it because it interests me and keeping an eye on the markets is part of my job. If a client calls and asks me why the market is up over 1.5% just hours after the inflation announcement and I said, "is it up?"...how do you think that would come across?
If you're watching every single 5 minute candle intraday you probably don't
The difference is a 5-minute window intraday doesn't make a lick of difference in how I decide to invest over the next 5/10/30 years.
Maybe stop making assumptions about folks you know nothing about. (If you've read even a couple of my posts on this board you would have known a 5-minute candle intraday makes no difference to me...)
Posted on 10/13/22 at 12:49 pm to Niner
Which assumption was that again?
Depends on how sophisticated the client is. If you told me on the phone ""the market" is down 1.5% because XZY" with absolute certainty there would be a redemption within 30 seconds of hanging up.
quote:
If a client calls and asks me why the market is up over 1.5% just hours after the inflation announcement and I said, "is it up?"...how do you think that would come across?
Depends on how sophisticated the client is. If you told me on the phone ""the market" is down 1.5% because XZY" with absolute certainty there would be a redemption within 30 seconds of hanging up.
This post was edited on 10/13/22 at 12:57 pm
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