Wow. Something just happened in the stock market.
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Wary Jerry (jerry@infosec.exchange)'s status on Monday, 07-Apr-2025 23:22:06 JST Wary Jerry
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feld (feld@friedcheese.us)'s status on Monday, 07-Apr-2025 23:22:03 JST feld
@cepheuskb @jerry it's called a dead cat bounce 🙂
https://en.m.wikipedia.org/wiki/Dead_cat_bounce -
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Kirk Becker (cepheuskb@infosec.exchange)'s status on Monday, 07-Apr-2025 23:22:06 JST Kirk Becker
@jerry Not sure where that sudden increase of nearly 1500 points came from. Looking for the news.
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Wary Jerry (jerry@infosec.exchange)'s status on Monday, 07-Apr-2025 23:23:34 JST Wary Jerry
I am hearing 90 tariff pause
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Annika Backstrom (annika@xoxo.zone)'s status on Monday, 07-Apr-2025 23:23:34 JST Annika Backstrom
@jerry yahoo finance is reporting that now. gee whiz, i wonder what insider traders were poised to take advantage of this surprise development
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feld (feld@friedcheese.us)'s status on Monday, 07-Apr-2025 23:30:40 JST feld
@wonkothesane @jerry funny part is that nobody else is going to cancel their increased tariffs just because we backed down. Asian markets are already crashing in response as well In conversation permalink -
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Michael Santaly (wonkothesane@mstdn.social)'s status on Monday, 07-Apr-2025 23:30:42 JST Michael Santaly
@jerry 90 day pause?
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feld (feld@friedcheese.us)'s status on Tuesday, 08-Apr-2025 00:32:20 JST feld
@trebach @jerry @wonkothesane Worse? You mean better. Because the consequences of risk need to have teeth.
The circuit breaker is a safety net that encourages risky behavior.In conversation permalink -
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Trebach (trebach@functional.cafe)'s status on Tuesday, 08-Apr-2025 00:32:21 JST Trebach
@feld @jerry @wonkothesane It would have worse had circuit breakers not been tripped to pause trading
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feld (feld@friedcheese.us)'s status on Tuesday, 08-Apr-2025 00:40:43 JST feld
@trebach @jerry @wonkothesane buddy I want to see that number go down at least another 20,000 points to about here where sanity exists In conversation permalink Attachments
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Trebach (trebach@functional.cafe)'s status on Tuesday, 08-Apr-2025 00:40:44 JST Trebach
@feld @jerry @wonkothesane I meant the crash would have been more severe were it not for the trading hold. I don't know the psychology behind stock traders
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