Thread: Time to buy
View Single Post
  #6 (permalink)  
Old 10-10-2007, 05:31 PM
petekoch's Avatar
petekoch petekoch is offline
Member
 
Join Date: Apr 2007
Posts: 232
Re: Time to buy

Quote:
Originally Posted by NewMoney View Post
There is over a 90% certainty that, barring some random anomaly, the market will be higher on October 17th.
And you know this because.....? Allow me a guess. Something to do with typical market behavior the month following a Fed rate cut?

Actually, 50% certainty is a more appropriate number, but I do like your hedge: barring some random anomaly. Such as? Joe Torre getting fired? Planetary (mis)alignment?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote