Difference between revisions of "Talk:1600: MarketWatch"

Explain xkcd: It's 'cause you're dumb.
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(Put up a theory about recent events that may be related to this comic)
(Responding to reference and mentioning skyline origin)
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::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, 6 November 2015 (UTC)
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:::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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::Coincidence is not at all appropriate when the intended meaning is that something was done purposefully. What the person is speaking of is an implicit reference, so "reference" was the right word choice. You are speaking of explicit references, which are merely one type of reference. [[User:GonzoI|GonzoI]] ([[User talk:GonzoI|talk]]) 15:59, 6 November 2015 (UTC)
  
 
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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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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I saw this as a reference to the logos TV news reports use for their segments. Most market news segment logos have some representation of a generic or stylized line meant to imply a market index, and I know I have seen at least one that had their stylized line draw pictures in the middle similar to this. [[User:GonzoI|GonzoI]] ([[User talk:GonzoI|talk]]) 15:59, 6 November 2015 (UTC)

Revision as of 15:59, 6 November 2015

I don't get it as much... Perhaps something to do with the apparent erratic behavior of a stock market chart? You'd expect a rising and falling line, but for it to completely trace out building patterns is odd.[citation needed] It would need a straight line, wouldn't it? and isn't that impossible in graphs like this? --108.162.216.5 13:01, 6 November 2015 (UTC)

Couple of things in play with this one:

  • Comic #1600, so that's probably a reference to 1600 Pennsylvania Ave. (address of the White House). True, the WH isn't mentioned, but it's flat and makes for an uninteresting skyline element. What is shown looks to be the Lincoln Memorial and the Washington Monument, followed of course by the Capitol Building as referenced by the text.
  • Desire not to break the pattern is like in comic #276, where the pattern is so tempting that people wanted to continue with it, in spite of negative side effects.

Just a couple of thoughts. 173.245.54.57 13:21, 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. 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.
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 108.162.221.17 13:58, 6 November 2015 (UTC)
Coincidence is not at all appropriate when the intended meaning is that something was done purposefully. What the person is speaking of is an implicit reference, so "reference" was the right word choice. You are speaking of explicit references, which are merely one type of reference. GonzoI (talk) 15:59, 6 November 2015 (UTC)

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.

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.) Finally, the comments play on the same idea that some people will see a "spirit" in the market, while it's just participant pushing the price around (taking actual economic factors into account in their decisions.).

And stock price can definitely jump if a major event happen or flatline if nobody trades it so the Capitol is really the only pattern that feels truly impossible here :p (first time I post here, so apologies if I did not respect a rule of the wiki) Legaulois (talk) 14:16, 6 November 2015 (UTC)

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? 173.245.55.64 15:17, 6 November 2015 (UTC)dmar198

I saw this as a reference to the logos TV news reports use for their segments. Most market news segment logos have some representation of a generic or stylized line meant to imply a market index, and I know I have seen at least one that had their stylized line draw pictures in the middle similar to this. GonzoI (talk) 15:59, 6 November 2015 (UTC)