HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
If you beleive that this market crash is a technical reality...
Then we have a ways to go before this is over. We broke below a 40 day moving average like butter. No resistance at all. Closed well below and next stop would be the lows of 7/17. Since HSX doesn't really have an index (why?) we have to look at moving averages of several ports to see market trends. By that standard, if the decline continues at this pace, we would hit a double bottom in about 3 or 4 days. We should bounce off that if there is any logic to the HSX program.
So the question is, is the HSX program desinged at all to emulate real stochastics and Bollinger theory, or is this just a case of someone at HSX deciding a crash would be fun?
I'd like to think there is a science at work here somehow, but I jus think someones just messing with us. Fun.
If you beleive that this market crash is a technical reality... Sep 11, 13:27
quick question? how did you calculate 40 day moving avg? Sep 11, 13:33
p.s. my port is only down about 6 mill Sep 11, 13:35
Well first of all... Sep 11, 14:27
no offense, but I am not the only one doing "that well" Sep 11, 15:42
And I'm still down 4 mil in 2 days. {nm} Sep 11, 13:47
If I want to play the volatile stocks, I have found 1/2 day trading is really needed. I but them in whatever Sep 11, 14:51
Because it's a game designed to 'simulate' the stock market Sep 11, 13:53
But the real stock market rises and falls based on whether people are buying or selling things on the market. Sep 11, 14:08
its also September {nm} Sep 11, 13:55
Same timestamp, even. {nm} Sep 11, 14:10
In the real market for every seller there must be a buyer. Not so for HSX. Sep 11, 14:32
Also there are not a finite # of stocks per security. {nm} Sep 11, 14:53
People mothball their ports until next summer? Happens every year to varying degrees for as long as I've been here. Sep 11, 14:57
Don't we get a downturn at the end of each summer? Sep 11, 14:02
Maybe it's because I am not spread out across a lot but I am up 1 mill today {nm} Sep 11, 14:54
There have been a lot of high priced IPOs & I imagine a lot of sell off to raise cash to buy into them. {nm} Sep 11, 14:54
There have been a lot of high priced IPOs & I imagine a lot of sell off to raise cash to buy into them. {nm} Sep 11, 14:57
it will be interesting wed. to see kaigees top 100 list. Sep 11, 14:58
^ totally. on both counts. :) {nm} Sep 11, 16:52
Come on, enjoy it! :) Sep 11, 17:36