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

August 12, 2007



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

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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