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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (12900)12/5/2003 4:40:38 PM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
Did you hear of the economist who dove into his swimming pool and broke his neck?
He forgot to seasonally adjust his pool.

_____________

A mathematician, an accountant and an economist apply for the same job.
The interviewer calls in the mathematician and asks "What do two plus two equal?" The mathematician replies "Four." The interviewer asks "Four, exactly?" The mathematician looks at the interviewer incredulously and says "Yes, four, exactly."

Then the interviewer calls in the accountant and asks the same question "What do two plus two equal?" The accountant says "On average, four - give or take ten percent, but on average, four."

Then the interviewer calls in the economist and poses the same question "What do two plus two equal?" The economist gets up, locks the door, closes the shade, sits down next to the interviewer and says
"What do you want it to equal?"



To: xcr600 who wrote (12900)12/7/2003 1:41:37 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
In sum, the market is priced for perfection, and the environment is anything but perfect. This doesn't mean that the market can't trade higher. It can. But it means that the risks to those who want to play the game are extremely high, whether they realize it or not, and their chances of investment success are very low.

Good article xcr...

With all the liquidity sloshing around thanks to a verrrrry accommodating FED we should see a big economic turnaround with or without big job growth... At least that's what the big investment houses are banking on... That should be good enough to keep the market advancing through the early part of 2004... The perception of things getting better will drive the markets higher... Whether or not that merges with reality remains to be seen...

Jim