I knew it but now is scientific: Markets are driven by mass hysteria.
To predict the stock market, there’s no need to look into a crystal ball. Instead just sign on to Twitter. Researchers at Indiana University collected almost 10 million tweets to measure collective mood in the U.S. on different days. Johan Bollen and his colleagues tracked words indicating six emotions (calm, alert, sure, vital, kind and happy) and measured changes to the Dow Jones Industrial Average. A calm American public, they found, predicted a stock-market rise three or four days afterward—and negative language predicted a drop. Source:SciAmWhy are Americans one day calm and the next day negative? It's a mass phenomenon managed by the media. Media is unstable, neurotic, given to mass hysteria attacks, and it drives crazy the American public. Pic.: Mass panic in a flower exposition or festival, with 350 dead. Obseve the pic: No one is pushing them to form these crush points. In the background, at only ten meters, people is standing and keeping its cool.
2 comments:
Is this a picture from a recent Burmese flower festival? I've always been afraid of crowds, fearing that I might be crushed in a panic sweeping through the mass.
Yes, this extraordinary pic is from a flower festival. Some of the people appear to have fainted in the panic. In the background, not far, people seems unaffected. Panic kills.
Post a Comment