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To: HerbVic who wrote (9694)3/18/1998 3:37:00 PM
From: Michael Feldstein  Respond to of 213176
 
I think the conventional wisdom is that (on average) only 30% of a stock's movement is individual. The rest is attributed to secular trends in the sector & the market.

-Michael



To: HerbVic who wrote (9694)3/18/1998 3:56:00 PM
From: van wang  Read Replies (1) | Respond to of 213176
 
I am waiting for the tide to recede...the wave is definitely out...dont care too much about the ripple

this tide, wave, ripple is tied to a study that showed that returns are driven largely by these factors and in those proportions

go figure


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