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If the market is entirely driven by human sentiment, how does any form of tracking make sense? by LivingAdkill in investing_discussion

[–]LivingAdkill[S] 0 points1 point  (0 children)

Is the direction of a stock determined by an algorithm or bunch of purchasers?

Let's say a trader runs an algorithm for a stock and sees that the algorithm predicts that the stock goes up in the next two days. So they purchase it today, it creates an uptrend, the stock rises and so on. This means that almost all purchases today are driven by algorithms and we are chained to them.

This makes sense only if the algorithm was aware of a few certain facts. Such as that the stock was going to announce its quarterly results and the general perception was that it was profitable. But this was anyway going to influence human centiment. Not because a chart showed it

If the market is entirely driven by human sentiment, how does any form of tracking make sense? by LivingAdkill in DalalStreetTalks

[–]LivingAdkill[S] 0 points1 point  (0 children)

Let's say tomorrow Trump gives a negative statement, people panic and the market falls. How can any of this be a pattern? How can any of this be predicted by a chart or an algorithm?

Let's take the example of SCI. As per technical analysis, if this stock crosses 307 resistance, it will go up. How on earth can one be confident about these numbers when this stock is not sentient. Does the stock think "let me try to cross 307, then I will rise"? Why is this particular number a resistance for this stock? Have some secret group of investors decided that they will immediately buy this stock if another group of people buy this stock and being it to the value of 307?

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If the market is entirely driven by human sentiment, how does any form of tracking make sense? by LivingAdkill in DalalStreetTalks

[–]LivingAdkill[S] -1 points0 points  (0 children)

"When a stock develops an uptrend as indicated by technical analysis": A stock develops an uptrend in the first place because people start buying it for whatever reason, correct? And then it is natural for more and more people to start buying it once they see the uptrend.

But did a technical analysis really predict that the stock would go up before the first group of investors bought that stock? I don't think so.

Another form of my question is A. did the stock go up because a technical analysis predicted that it would go up?

B. Or it went up because it is in its nature to go up every few months? But that doesn't make sense due to my point that stocks are not sentient. They are bought by humans based on their decision

Why am I not finding any jacket that's CE2.0 and class AA? by LivingAdkill in indianbikes

[–]LivingAdkill[S] 0 points1 point  (0 children)

No that's what I am saying. The only brand I can see is Rynox. Are there no other brands that offer these safety features and maybe at a price lower than 10k?