Comments on: Gone away for the Summer? It’s Time to Come Back http://www.chrisperruna.com/2007/08/29/gone-away-for-the-summer-its-time-to-come-back/ Tue, 17 Aug 2010 02:24:01 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Aaron http://www.chrisperruna.com/2007/08/29/gone-away-for-the-summer-its-time-to-come-back/comment-page-1/#comment-13755 Aaron Fri, 31 Aug 2007 00:24:44 +0000 http://www.chrisperruna.com/2007/08/29/gone-away-for-the-summer-it%e2%80%99s-time-to-come-back/#comment-13755 That stat is amazing. I knew that this period has always been worse for the market, but had no idea it actually would be negative. I generally don't put much stock in that type of analysis, but that is quite staggering. That stat is amazing. I knew that this period has always been worse for the market, but had no idea it actually would be negative. I generally don’t put much stock in that type of analysis, but that is quite staggering.

]]> By: Steven Mac http://www.chrisperruna.com/2007/08/29/gone-away-for-the-summer-its-time-to-come-back/comment-page-1/#comment-13736 Steven Mac Wed, 29 Aug 2007 14:03:46 +0000 http://www.chrisperruna.com/2007/08/29/gone-away-for-the-summer-it%e2%80%99s-time-to-come-back/#comment-13736 Hi Chris, I have a question concerning the movement (loss) in the market yesterday. Why is it that yesterday - with all the fear of the credit crunch talk in addition to other factors that sent the markets down are totally ignored this morning and allow for a strong opening? Why don't we see a follow through of that negative news/movement onto the next day? It seems as if Wall Street has a tendency to sweep the news under the rug from the previous day and act as if it never did hear it or happen. Is there an explanation from a psychological perspective as to why this is occurring? Is Wall Street that desperate to keep this market up and trying to prevent the natural progression of fallout that should be happening at this point if the Fed hadn't intervened? Thanks, Steven Mac Hi Chris,

I have a question concerning the movement (loss) in the market yesterday.

Why is it that yesterday – with all the fear of the credit crunch talk in addition to other factors that sent the markets down are totally ignored this morning and allow for a strong opening? Why don’t we see a follow through of that negative news/movement onto the next day? It seems as if Wall Street has a tendency to sweep the news under the rug from the previous day and act as if it never did hear it or happen. Is there an explanation from a psychological perspective as to why this is occurring? Is Wall Street that desperate to keep this market up and trying to prevent the natural progression of fallout that should be happening at this point if the Fed hadn’t intervened?

Thanks,
Steven Mac

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