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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (52547)7/1/2001 11:53:32 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Recency
Investors have the tendency to read too much into the current news flow. In academic literature, this is known as "recency," and refers to the very human proclivity toward overweighting the most-recent events when making decisions, rather than basing our action on the full available data. This can be especially true when evaluating the economy and its recovery.

Skeet