thanks to toothpaste for dinner for this This may be news to some of you, but the market itself is full of it. The analysts who track the bulls and bears are full of it. And the folks who gamble their savings on a fictional index of movers and shakers? Well they are full of it too. One of my favorite sources for not-so-LOLZ Doom and Gloom, Bank-Implode.com, had an interesting article yesterday on just how full of it the scheme is: Even now, with the recession deepening and markets on edge, W
Tags: american market crash, wall str crash
Market Analysts are wrong
February 11, 2009 By Leave a Comment
Forecasters Race to Call the Bottom to the Market – New York Times
October 27, 2008 By Leave a Comment
|
Forecasters Race to Call the Bottom to the Market
New York Times, United States - 20 hours ago
Indeed, in an era of 1000-point daily swings in the Dow and 30 percent losses in the stock market, prescience is at a premium — and the dividends of a ...
Market guessing favors doomsayers for now United Press International
UPI NewsTrack Business United Press International
all 24 news articles |
The crash and you
October 24, 2008 By Leave a Comment
Who are most likely to be affected by the stock crash? Anybody who parked his money in a tradeable security is going to feel the heat. But there are some sectors that have been badly singed: real estate, infotech and banking.
Tags: stock crash, wall st crash, wall str crash, wall street crash