Quote from ProfLogic:
Vox, again I restate. You have no idea as to how or or to what extent I apply Logic or Physics to the Market so assuming that what others, including your cousin, do to confirm Market direction is what I do, is foolhearty. My opinion regarding fundamental analysis is a straight forward one and directed to trading an Index as a whole. The industry itself feels the impact of fundamental analysis on trading an index is extremely limited because there are too many random factors to figure into the mix. I guess since my opinion is based on Market norms, we are all uneducated. Gosh, my doctorial thesis just devalued. I do not attest to know your educational background or your Market experience so I make no assumption in that area. Your opinions are based somewhere and as long as you are comfortable with them . . . great. I teach at an accredited University after spending over 25 years in the foxholes of corporate America and doing private research. Uneducated? Reading a specific Market's price movement has nothing to do with Economics or Finance. It's reading the Market's price movement the same way you would read frequency oscillation. These treads are a way for individuals to share ideas and to help each other. Just a way to stimulate thought. Great things come from the collective sharing of ideas. See you all at Happy Hour in Chicago next month. Let's share!