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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: Moominoid who wrote (1545)8/24/2006 8:07:34 AM
From: skinowski  Read Replies (1) of 2852
 
In any case, my anecdotal observation is that when the weather people are in agreement, they - generally - should not be faded. Otoh, when large groups of economists develop a consensus, they are probably wrong. Must have something to do with our natural tendency to extrapolate.

We all know that weather is "unpredictable" - so, we must rely more on empiric facts rather then on our judgment... :)
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