From: Streettalk Off The Street - 10:14am - November 14, 2012CROSSING WALL STREET November 14, 2012 By: Eddie Elfenbein In his 1988 Baseball Abstract, Bill James listed a number of lessons had had learned so far through his study of baseball statistics. In that vein, I?ll list some observations that I?ve learned over the years: The Federal Reserve isn?t nearly as powerful as is commonly believed. There isn?t a person or group of people in charge of the market. There?s no such thing as a ?healthy correction.? Good stocks can go down for no reason. Bad stocks can go up for no reason. A trend can last much longer than you thought possible. Stocks don?t know you own them. The market doesn?t care about politics. The most important variable to the stock market, by far, is the direction of long-term interest rates. Mega-mergers rarely work. Investment bubbles aren?t due to the moral failings of the market participants. Ignore anyone ...
Continue reading this article ?
Source: http://ewallstreeter.com/deep-truths-about-markets-investing-3415/
Bob Ross Hurricane Categories Hurricane Sandy new jersey atlantic city WWE ocean city maryland
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.