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« Market Observations on a Tough Day | Main | Interpreting Market Action »

August 12, 2007

Comments

Jasonhitt
RB

I suspect this has to do with the "recession poll" and one would have to go with ECRI on this one currently. CXO is not impressed by professional economists though
http://www.cxoadvisory.com/blog/external/blog7-12-07/

Bill aka NO DooDahs!

Oh, I should have stated the obvious implication of the expert opinion: a simple "bullish" vote every month will be better than 50% accurate, actually close to 60% accurate, and a simple "the market will rise by more than 5%!" vote every year will trounce most experts. LOL

Bill aka NO DooDahs!

Wouldn't the home team's scoring be reduced by 1/18th, since they only don't bat if they're already winning? Wouldn't they be either behind or tied about 1/2 the time, going into the ninth inning?

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