The value of "predictions"

Submitted by vickers on Thu, 09/15/2011 - 8:09pm

All sorts of folks have been prophets... prophacy...  what is the value of this "divine" revelation?

Predict enough and you'll get it right eventually....  I wrote a book, it predicted all sorts of things some may/may not EVER actually happen. What does happen tho from an investment standpoint is always price. In spite of media requests for my "clairvoyance" we only put money to work or control risk based upon price. This means that we put funds to work in the direction of the trend, up or down, this has us investing -with the mkt - this may begin with new highs or lows being broken... Our goal is to bend like the wisp of a willow that may move with the wind or the reeds of grass that writhe in the flow of the stream... to be as that feather in the opening of the movie Forest Gump. As for intelligence and clairvoyance...Like Forest, - I have none. I shorted GM in 08 based on price, Lehman based on price, Netflix initial entry on price, IBM, price, Gold, price... 

Price tells us what we need to know... not prediction.

There is only amusement and entertainment in that.

 

noise....

 

price trumps opinion.