I'm sorry, I really don't know much about the stock market, but I still think the global downturn over the Coronavirus is *weird* for so many reasons:
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By definition, a day trader has no opinion on the actual underlying business of the companies they're investing in (which is why Buffet hates them) It's all a game where they're placing bets essentially on how all the other day traders currently feel
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The connection to the actual real world economy is only theoretical Their relationship to "real" investors is adversarial and is a kind of "keeping each other honest" relationship
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