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.
Pastimes : Predictions - Does Anybody Get It Right?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (72)1/28/2002 11:52:12 AM
From: Steve Lee  Read Replies (2) of 117
 
Apologies if I was giving the impression of comparing you to some of the more rabid SI-ers. That wasn't the case. Your analysis on this thread could prove useful. I just feel the focus of the thread is in danger of finding petty mistakes of people who have good systems. If their systems are tuned to make them money in a particular way, and they work, then there is no mileage in pointing out that other objectives that don't relate to the model are not being met. Now I wonder if LG can run that last sentence through the grammar checker for me <g>.

Changing predictions is fine because the market allows you to buy and sell at any time (usually). If you buy something for $10 and expect it to go to $20 by a particular date than that doesn't mean you can't sell when it hits $15 if you think expectations need adjusting. But it is still right to have that initial $20 target because it gives you something to measure against. If you don't have anything to measure against, you can't tell when things change.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News