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What is this electronic trading Stock Market

select-fireselect-fire Member Posts: 69,529 ✭✭✭✭
in General Discussion
I haven't watched the the stock market channel for yrs but the downfall has gotten my attention. Stock futures are down again this morning 4% . This whole fiasco of the market has me worried the country will slide right into a recession. I don't see those stock market boys yelling the paper all over the floor. In fact they seem like they really don't care if the market collapses. My take.. someone has the insider knowledge of how to read the program prior to stocks being traded. Insider trading. Now what happens if some computer genius gets into their program and hacks it. It is interesting listening to them talk where folks can put their money but they never say where their money is invested. And think about this... the market is down 20% . That means if you wanna make 20 percent this yr the returns would have to be 40%. It will take yrs for folks to ever see that.
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Comments

  • mogley98mogley98 Member Posts: 18,291 ✭✭✭✭
    Temptation strikes me as I see BP and Exxon at levels not seen since 1995 and 2003 respectively unless this virus kills us all they WILL go back up well over these numbers. Sounds like easy money but my balls shriveled up. :smiley::blush:
    But than again if it doesn't go back up who needs the money anyway? Hmmmmm :wink:
    Why don't we go to school and work on the weekends and take the week off!
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