OT: NYSE Applauders

Generally, it's folks from a company that just got listed.

Maybe they are the b-a-a-a-a-nkers. Sorry, I couldn't resist.

Jim H wrote in news:Y_adnW0ra_EDQ2bWnZ2dnUVZ snipped-for-privacy@giganews.com:

The bankers aren't the sheep. Not even close.

Notan,

Not sheep, just invited guests for the opening and closing bell.

Sheep are those that expect someone else to do their research for them.

Regards,

Len Agoado snipped-for-privacy@msn.com

From

A person regarded as timid, weak, or submissive.b. One who is easily swayed or led. After *major* market crashes, there they are.

"Notan" wrote

Notan,

I am familiar with the metaphor; it's your broad-brush application to which I object.

How is this a prerequisite for an invitation to the gallery? The recent list of guests would indicate just the opposite.

As in someone that might expect someone else to do their research for them?

They are always there, not just post decline. Their pre-correction market activity probably potentiates the sharpness of the subsequent correction and the intensity of the following oscillations.

Regards,

Len Agoado snipped-for-privacy@msn.com

I was questioning what kind of people, other than those betting against the market, stand and applaud market declines.

If you don't like the question, you're more than welcome to go elsewhere.

"Notan" wrote

Notan,

The difference between what you were questioning and what you think you were questioning lies in your choice of words, not in any clairvoyant skill lacking in others.

As to your intended query, the traditional applause at the closing bell is in celebration the market itself by its invited guests, not a celebration of the final valuation of any specific indicators. Your so-called question then, through its exclusion, obviously provides its own answer by revealing itself as a poorly veiled attribution of moral deficiency to a set of parties in the exchange whose function you clearly do not understand. There are two sides to any market transaction - one whose judgment plays out over time, and one whose judgment does not. Those about to buy, as well as those holding short positions, would certainly have valid reason to cheer a decline. This is an exchange market not a morality play; establishment of valuation and facilitation of trade is its very purpose. Good and bad do not correlate with up and down nor with the relative position of either party to an exchange.

Finally, going elsewhere is always an option open to any of us whether or not we like any question - or in your case, any answer. Before you further solidify the foolishness of your suggestion in that regard, it might behoove you to recall that it was you who solicited an answer, not any another that solicited your question.

Regards,

Len Agoado snipped-for-privacy@msn.com

A simple question, with Bert giving me a simple answer.

Too much time on your hands, huh?

Say "goodnight," Gracie.

"Notan" wrote

Notan,

Yes, Bert did a fine job. My answer had two lines and a URL, so I understand how its complexity must have overwhelmed you.

Self-referential irony isn't your strong suit, is it? But, nope, I had just the right amount of time. I type very fast. If you wish, I'll type more slowly so you can keep up.

Goodnight.

Regards,

Len Agoado snipped-for-privacy@msn.com