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starbucks4ever (94.15)

Crazy crowd

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June 10, 2009 – Comments (1)

I can't help wondering what makes popular vote at "predict the market" poll run by TMFJake change every day from 60% up to 60% down and vice versa? Does it suggest that some 20% of players change their opinion every day based on a market fluctuation in the last 24 hours? That's not the way to play this market. These hourly trends is just random noise.

1 Comments – Post Your Own

#1) On June 11, 2009 at 12:09 AM, TMFJake (32.86) wrote:

True enough.  But when market volatility is in the 40% range, daily speculation becomes a sport, or therapy, I'm not sure which. :)

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