Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (89223)	10/26/2008 7:09:15 PM
From: Little Joe	3 Recommendations Read Replies (1) \| Respond to of 116555

The insane monetary system we have had in this country for years under both democrats and republicans is about to collapase. We have two presidential candidates who think if we just keep doing the same thing, we will solve the problem. Little joe

To: koan who wrote (89223)	10/26/2008 7:53:17 PM
From: John Metcalf	Read Replies (1) \| Respond to of 116555

"going form parity to $1.27 in three weeks says a lot about the underlieing tumultousness. I wish I could remember exactly what this pertained to" A Tale told by an Idiot, full of Sound and Fury, signifying Nothing. - William Faulkner, quoting King Lear.

To: koan who wrote (89223)	10/26/2008 8:13:39 PM
From: Moominoid	Read Replies (1) \| Respond to of 116555

It's not impossible it just means that returns in financial markets are not normally distributed as is well known. So we can't use the standard deviation to work out a probability of something happening using the normal distribution.

To: koan who wrote (89223)	10/28/2008 6:14:23 AM
From: Little Joe	Read Replies (2) \| Respond to of 116555

Impossible but it is happening. That is what happens when you listen to the educated geniuses of the planned economy. I can't find the link but there was an interesting article I read which pointed out how nobel prize winners were involved in wetting up the mathematical formulas which were supposed to make the system fool proof. By the way the geniuses couldn't forsee it, but many on this thread did. Hmmmm maybe those smart people aren't so smart after all. :) Little joe