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  • Joseph Stuber
    We are about to jump off fiscal cliff, violence in the middle east is breaking out all over, eurozone is a mess and stocks are up.
    12/6/12
    Reply (10)
    • GaltMachine: Logic is not useful in investing. Seems like that cliche "The Wall of Worry" has validity. The algos control this stuff and wreak havoc with
      12/6/12
    • GaltMachine: our emotions and our behavioral responses.
      12/6/12
    • Joseph Stuber: Galt My thoughts exactly. I was thinking the very same thing. One day they are going to be met by a flood of sell orders - flash crash.
      12/6/12
    • GaltMachine: it happened once before and could easily happen again. a strange and dangerous world! algos = murmurations, http://bit.ly/QK3qEs
      12/6/12
    • Seth Walters: The dollar has been trending upward with stocks for a few days. That can't last forever. At some point even a fiscal deal is priced in.
      12/6/12
    • Joseph Stuber: My guess is euro moves to parity sometime next year so I respectfully disagree on that one Seth.
      12/6/12
    • weed: Same problems we've had for years. Glad I'm not into conspiracy theories.
      12/6/12
    • Seth Walters: Parity? You mean 1 EUR=1USD? That would be huge. But what I was saying was that stocks can't rise alongside a rising dollar forever.
      12/6/12
    • Joseph Stuber: I agree with that. Nothing rational lately.
      12/8/12
    • Windwood Trader: You just KNOW there will be a pop when the cliff fiasco is either resolved or appears to be a good bet.
      12/11/12