Quote:
Originally posted by Mike AI@Dec 3 2003, 05:13 PM
One day you will have to give me some lessons in the technical side.
I am more of a feel kind of guy, and look at certain indicators. People want the economy to do well ( except democrats this year) So if they see things moving, it helps move the economy forward. Momentum is a powerful thing.
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Mike,
I am always willing to share what I have learned over the years.
As Serge and I have discussed, perception and execution are two different skills, therefore; I have no holy grail to hold on to. ;-))
If you look at the equity markets historically, you will see that they are not in perfect tandem with the economy. What is good for business may not always carry over to your equity portfolio.
Correlating the two will only lead to disappointment IMO.