Interesting Article. http://www.cnn.com/2003/HEALTH/01/10/brain.wealth/index.html Best regards, Trapper
Quote from Article: "If a company has stable earnings quarter after quarter," Zweig explains, "and each quarter its earnings go up another penny, and then all of a sudden, they don't go up anymore, investors go nuts." "And a tremendous sell-off occurs. Not because of a dramatic market swing but because of a subtle change in an otherwise predictable pattern." Obviously this PHD has never heard of "buy rumour, sell news" before and that all available info is priced in - He has certainly never traded...
Reminds me of a martial arts seminar I attended a few years back. The topic being discussed was physiological response to pressure point attacks. The presenter said: "We hooked the judoka up to an EKG machine and got two karateka to punch him in various pressure point areas. Using the feedback from the EKG we were able to determine that the body has a reaction to being punched in these places." I'd tell you more about the seminar, but I walked out after I heard that.
Wow. I knew I would find something important in this thread. I am off to fine some Camel's milk immediately...