Editing Talk:1600: MarketWatch
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:There is no such a thing as "probably a reference". A reference requires mentioning the referenced thing. A more appropriate word would be coincidence. [[Special:Contributions/108.162.221.17|108.162.221.17]] 13:30, 6 November 2015 (UTC) | :There is no such a thing as "probably a reference". A reference requires mentioning the referenced thing. A more appropriate word would be coincidence. [[Special:Contributions/108.162.221.17|108.162.221.17]] 13:30, 6 November 2015 (UTC) | ||
− | ::He/she is guessing that it is a reference, and that is a good guess. "That's probably a reference" is fine to use in this situation. | + | ::He/she is guessing that it is a reference, and that is a good guess. "That's probably a reference" is fine to use in this situation. |
− | :::But it's not a reference, it's a coincidence. If it were a reference the White House could be seen in the skyline; it's just between the Washington Monument and the Capitol [[Special:Contributions/108.162.221.17|108.162.221.17]] 13:58 | + | :::But it's not a reference, it's a coincidence. If it were a reference the White House could be seen in the skyline; it's just between the Washington Monument and the Capitol. [[Special:Contributions/108.162.221.17|108.162.221.17]] 13:58, 6 November 2015 (UTC) |
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My view is that it is a play on how silly stock trader can be sometimes. There is a way of trading called technical analysis, where a trader will look for graphical "patterns" and "signals" in the stock charts and trade on that. This way of doing is notoriously looked down at by either truly quantitative investors that rely on actual stats/signal processing to place their bets or fundamental investor that will look for information in things like the balance sheet statement of a company to place their bets. So if you are such a technical analyst and you see such a pattern as DC Skyline appearing in the stock chart of a stock...well best of luck to make a trading decision based on that, mate. | My view is that it is a play on how silly stock trader can be sometimes. There is a way of trading called technical analysis, where a trader will look for graphical "patterns" and "signals" in the stock charts and trade on that. This way of doing is notoriously looked down at by either truly quantitative investors that rely on actual stats/signal processing to place their bets or fundamental investor that will look for information in things like the balance sheet statement of a company to place their bets. So if you are such a technical analyst and you see such a pattern as DC Skyline appearing in the stock chart of a stock...well best of luck to make a trading decision based on that, mate. | ||
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Plus, Randall seems to be playing on the whole idea some pundits on TV gives people that "the market" is a conscious entity with the ability to go up and down. If this was the case, well this skyline pattern could emerge just like that. But as real price is defined by market participants behavior, there is no way for it to be so smooth (unless this is a fairly illiquid stocks that trade rarely and jumps violently when it does.) | Plus, Randall seems to be playing on the whole idea some pundits on TV gives people that "the market" is a conscious entity with the ability to go up and down. If this was the case, well this skyline pattern could emerge just like that. But as real price is defined by market participants behavior, there is no way for it to be so smooth (unless this is a fairly illiquid stocks that trade rarely and jumps violently when it does.) | ||
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In my mind, there has recently been an increase in tools allowing for live events to be controlled by massive numbers of internet users in order to attempt to bang out patterns. Twitch Plays Pokemon comes to mind. Perhaps this comic has something to do with this new trend: a stock market version of the Twitch Plays phenomenon, with investors trying to bang out a pattern together by pressing the right buttons (buying stocks and dumping them) in the right order. Is that worth mentioning? [[Special:Contributions/173.245.55.64|173.245.55.64]] 15:17, 6 November 2015 (UTC)dmar198 | In my mind, there has recently been an increase in tools allowing for live events to be controlled by massive numbers of internet users in order to attempt to bang out patterns. Twitch Plays Pokemon comes to mind. Perhaps this comic has something to do with this new trend: a stock market version of the Twitch Plays phenomenon, with investors trying to bang out a pattern together by pressing the right buttons (buying stocks and dumping them) in the right order. Is that worth mentioning? [[Special:Contributions/173.245.55.64|173.245.55.64]] 15:17, 6 November 2015 (UTC)dmar198 | ||
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