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Tesla Stock Price Reaches 'Death Cross' Status
(gizmodo.com)
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this post was submitted on 16 Apr 2025
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I feel this deep in my bones
Naw they already made that, it's called the "Myers-Briggs Type Indicator".
Different parts of astrology. The MBTI stuff replaces the horoscope/personality side of things, whereas chart reading replaces the future readings.
And apparently my team at work. It's more of a curiosity (oh, you're somewhat extroverted? Interesting!), and it gives us a chance to ask questions to get to know a new hire.
If you're making actual decisions based on the MBTI test, then that's on you. But it's kinda fun to compare.
It's used widely for actual hiring decisions. If you're qualified for a job but they want an INTJ but you're an ENTJ according the overgrown Facebook quiz, you get a rejection letter.
It's unethical as fuck, and absolutely rampant in corporate America.
Now, as a team building exercise or role play to get to know potential clientele, yeah no harm.
Wow, really? We only do it like a couple weeks after hiring, and you can respectfully refuse. We just do it as a "get to know you" meeting so we can get the team familiar with the new hire.
To a large extent it is, the major difference being that when people take actions based of these signs, it influences which way the chart goes next, unlike the planets, which do not care the slightest what people do based on their actions. Thus you can end up making a lot of money if your actions are 1) correctly anticipating subsequent actions by other people and 2) sufficiently in advance of other actions. Which makes inside trading and pump-and-dump schemes great ways to get filthy rich, if you find yourself in a position to be able to pull that off. Or if you are lucky. Or if you have made a name for yourself and everyone else just assume you know what you are doing and follows (Warren Buffet comes to mind).
That makes sense. Essentially, there are things that are influenced by perception and those that are immune to perception.
Yes, and by the sheer existence of the concept of a "death cross", and now that it has happened for the Tesla stock, people will act as if whatever a "death cross" predicts will come to pass. So even though there was some correlation before someone formulated it as a concept, now the response will be different because people will act on it. If enough people believes it, it will probably just accelerate the process as they will seek to sell off before the downturn, pushing the prices down. Which is the way the Tesla stock should go, so I am all for this cross of death.
Oh my God this is so f-ing true. It makes me think a lot of sociology classes I took in college where we'd talk about the artificiality of money how it's only meaningful because we have collectively decided it is. The folks who try to make it all scientific with lots of elaborate analytics and complex charts are basically just engaging a social math exercise.
Money is an emotional thing. Do I believe that this coin / bit of paper / number on a website is something that I can exchange for goods and services? If not enough people believe that, that currency will collapse.
Mind you, not using money is inefficient at scale. Sending the bag of potatoes that I've grown in my garden this month to my internet provider for continued shitposting privileges only goes so far.