Originally Posted by
s0ssos
Do you play stocks? It totally matters. Many do not buy stocks and hold forever. Fluctuations matter if you are buying on the margin, shorting especially, doing options.
In fact, most of the money made today is based on market fluctuations (like high-frequency trading).
But the point was made by people that United's stock wouldn't budge, and actually went up. So they are wrong. But people predicting the market are often wrong, they just never admit it.
Stock markets aren't rational. That was the point I took the poster to be making.
They aren't necessarily indicators of anything except momentary emotional reactions, or computers trading against each other.