Wind River going up, up, up! Message Board

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Technology Stocks : Wind River going up, up, up!

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To: Peter Church who wrote (4264)	2/11/1999 4:50:00 PM
From: James Connolly	Read Replies (1) of 10309

Market survey finds traders prone to whimsy irish-times.com Financial markets are more driven by whimsy and rumour than by cold, hard logic, according to two researchers who have developed a computer model for stock price behaviour. The brokers would like you to think that wisdom and knowledge are all you need to make it rich but in fact the academics from Germany and Italy have shown that financial prices exhibit "universal characteristics" that resemble well-known laws of mathematics and physics. What it all boils down to is traders spend more time watching one another and chasing the herd than they do prognosticating the future. Regards JC.

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