It's month end today, and this one is particularly interesting as it's march, so end of a quarter as well. Clients do something called window dressing, essentially you have no idea where the market is, reason is: funds trade so that the market fits their portfolio. It is not market manipulation in and of itself, it's just an absolute random walk as a fund might inflate the price of a stock just to look good in front of investors.
With such forces acting like this, it's really hard to understand how some people still try to trade in and out of stocks without any real understanding of the market.
That was a pretty pointless paragraph. But funny quote today: colleague told me he was drinking coke without caffeine or sugar. I asked him what's the fucking point? To mix with my vodka... Can't really beat that. Trying to stay away from alcohol at the moment, went out with some friends last night to some pub and then abacus (the city's meat market); I hadn't been there for a while, and at around 9:30PM the amount of alcohol I had ingurgited still did not make any of the girls around me attractive to me. So what did I do? Went home to my girl friend as I missed her. I finally know what being completely in love means.
Good.
With such forces acting like this, it's really hard to understand how some people still try to trade in and out of stocks without any real understanding of the market.
That was a pretty pointless paragraph. But funny quote today: colleague told me he was drinking coke without caffeine or sugar. I asked him what's the fucking point? To mix with my vodka... Can't really beat that. Trying to stay away from alcohol at the moment, went out with some friends last night to some pub and then abacus (the city's meat market); I hadn't been there for a while, and at around 9:30PM the amount of alcohol I had ingurgited still did not make any of the girls around me attractive to me. So what did I do? Went home to my girl friend as I missed her. I finally know what being completely in love means.
Good.