Anybody else notice? The stock market lately has been like games in the NBA

LuckyTheDog

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Tue Jun-15-10 10:52 AM
Original message

Anybody else notice? The stock market lately has been like games in the NBA

Edited on Tue Jun-15-10 10:58 AM by LuckyTheDog

Nothing matters until the final minutes. Stock prices can be significantly up or down all day, and everything can change in the final hour or half-hour of trading.

Just an observation.

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MineralMan

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Tue Jun-15-10 11:01 AM
Response to Original message

1. That's pretty much standard. At the end of the trading day,

large blocks of stocks move, as institutional traders attempt to take profits or minimize losses. Big buy and sell orders often come at the end of trading.

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catzies

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Tue Jun-15-10 11:19 AM
Response to Original message

2. ...what, fixed? A predetemined outcome to benefit only the biggest players?

A casino in which the house always wins?

Just asking. ;)

(NBA fan who has seen it become like professional wrestling)

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valerief

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Tue Jun-15-10 12:22 PM
Response to Reply #2

3. Minus the glitz. nt

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