Quote from united46:
GDP is growth above inflation?? I'm not sure what you mean....
Gross Domestic Product. A measure of the value of goods and services produced in a year.
Of course, given that inflation is based on a fixed basket, it's highly unlikely to apply to anyone exactly and as I'm based in the UK, you don't need to go on about gas prices!!!
However, conspiracy theories aside, lets agree that the GDP figure may be slightly misrepresented. Are you saying that the long term average rate is a total fiction. If so, it's not just a governement fix, every company must be lying.
Nah, went long in June 02, been long since and just try to manage around a core equity position. The small trading account around this is played both ways and we all agree that volaitility is great for that type of trading. Haven't got hysterical around any of the corrections including this one - they are quite normal you know in a healthy market.
I'm just surprised that all of the short term traders seem to have no control over their emotions, normally a key attribute of disciplined trading. Posted simply because I find it strange that people are posting views that aren't backed up by data - if you have an opinion and want to express it, great, but at least try and make it factually correct or it makes the poster look a little foolish.
