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Blogs > redmustang91 > Wild Red Mustang thoughts! |
Wild times in the stock market
Wild times in the stock market The stocks have been volatile lately. While strongly higher usually there have been days of major downdrafts. The frothy nature may be bad news for high flyers. But the future is hard to predict. Irrational exuberance can go on for a long time, until it does not. Some new investors are playing the stocks like sports betting. This can be fun as long as you are ready to lose as fast as winning. Some low priced stocks have soared by 70% in a day and then lost much back just as fast. Don't bet the lunch money on wild rides. |
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