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ACiD_80 t1_ja244zg wrote

Reply to comment by hodlethestonks in What Happens From Here? by B3stAuD1t0rofA11tiME

Actually, the stock market is driven by how people feel about it.

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ACiD_80 t1_ja3v6e7 wrote

Which in turn is driven for the most part by the media/news.

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hodlethestonks t1_ja4c29o wrote

I'm saying that If majority is feeling bearish already and suspecting crash then that negativity is already priced in (not buying, buying puts, shorts).

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ACiD_80 t1_ja4d531 wrote

This 'already priced in' argument seems to be really popular amongst those who cant defend their arguments.

I could say the same thing and say the recovery is already priced in.

It's such a baseless/moot argument.

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[deleted] t1_ja6ce40 wrote

[deleted]

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ACiD_80 t1_ja6cyg7 wrote

No.

You cant really know/predict if something is already (fully) priced in or not.
That is an assumption/opinion.

That the stock market is driven by emotion and opinion is just a fact.
You think something wll go up, you buy.
You think something will go down, you sell.
Simple.

So one is a fact and the other is an assumption/guess.

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