"WHOA BIG TWEET SHOULD I BUY???" — a commodities trader talking to his cocaine
The 4 Most Embarrassing Cases of Misreading a Situation

#3. Israel Tweets the Anniversary of the Yom Kippur War; Investors Miss the “Anniversary” Part
Notice the hashtag #YomKippur73. It’s kind of important, because without it, the tweet just reads “Israeli Air Force bombards airports in Syria to prevent Soviet weapons reaching the Syrian Army.” So a news-weary reader could interpret this as an attack happening now. You know who’s quick to the draw when they see the words “bomb” and “Syria”? Oil investors, that’s who. Before the rumor police pulled up and shut the buying frenzy down, oil was up a dollar, all because investors missed #YomKippur73.

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"WHOA BIG TWEET SHOULD I BUY???" — a commodities trader talking to his cocaine

The 4 Most Embarrassing Cases of Misreading a Situation

#3. Israel Tweets the Anniversary of the Yom Kippur War; Investors Miss the “Anniversary” Part

Notice the hashtag #YomKippur73. It’s kind of important, because without it, the tweet just reads “Israeli Air Force bombards airports in Syria to prevent Soviet weapons reaching the Syrian Army.” So a news-weary reader could interpret this as an attack happening now. You know who’s quick to the draw when they see the words “bomb” and “Syria”? Oil investors, that’s who. Before the rumor police pulled up and shut the buying frenzy down, oil was up a dollar, all because investors missed #YomKippur73.

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