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ABB Ltd. Message Board

  • cangelosi_g cangelosi_g Mar 7, 2012 10:37 AM Flag

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    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

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    • -----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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