SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.40+1.9%Dec 19 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerome who wrote (54319)8/6/2001 10:26:17 PM
From: RetiredNow  Read Replies (2) of 77400
 
The reason why no smart person predicts short term is because if you've had any statistics classes you know that IT IS POSSIBLE to predict long term trends with a high degree of probability. However, it is almost impossible to predict short term trends with any degree of reliability. That's because in the short term, all the stars may be aligned for a certain outcome and then some noise or statistical blip comes in and makes everything stand on its head. That's why only speculators and gamblers try to predict short term.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext