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  • tommiller_25 tommiller_25 Mar 7, 2012 10:56 AM Flag

    Up only

    -----34 cents ... Notice that the Swiss Market is up and the DAX is down ..this is why ABB is not moving as well as the general US market-------


    Since you think that you KNOW why ABB is "not moving as well as the general US market", nothing should prevent you from becoming a billionaire in no time. Let me educate you, once again: the DAX has no meaningful bearing on the price of ABB. The US market has NO meaningful bearing on the price of ABB. The price on the New York exchange is precisely the price of ABB on the Swiss exchange (multiplied by the exchange rate, of course) Why is that such a difficult concept for you to grasp ? The DAX is as immaterial to the price of ABB as the price of Vodka in Honolulu. Now, tell me why the ABB, or any other equity, is behaving as it is. You have read too many posts by Yahoo message board idiots, 99.9% of whom are totally clueless about anything, especially the markets.

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    • Sorry this bothers you, but I have done quite well trading on that premise wither true or false. ABB is also influenced by the the US market . Is that also a wrong premise?
      You shouldn't bother responding to my assumption

      • 1 Reply to cangelosi_g
      • ----Sorry this bothers you, but I have done quite well trading on that premise wither true or false. ABB is also influenced by the the US market . Is that also a wrong premise?
        You shouldn't bother responding to my assumption------

        "Assumptions" are NOT necessarily facts, they are your perceptions of facts. ABB its definitely NOT affected by US markets; it is a conclusion you have reached with inaccurate inputs. Some people do quite well in the market by following Tarrot cards or watching African ants procreate, but most likely only temporarily. Your reasonings are faulty which leads to useless assumptions but if it makes you happy, that is all that matters. Just don't count on getting rich anytime soon.

 
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